JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Sees Significant Increase in Short Interest

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) saw a large growth in short interest in January. As of January 30th, there was short interest totaling 11,311 shares, a growth of 32.7% from the January 15th total of 8,525 shares. Based on an average daily trading volume, of 9,628 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 9,628 shares, the days-to-cover ratio is currently 1.2 days.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 1.0%

Shares of NYSEARCA:JPME opened at $118.43 on Monday. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52-week low of $87.85 and a 52-week high of $119.36. The stock has a market cap of $420.43 million, a P/E ratio of 17.00 and a beta of 0.95. The business’s 50 day moving average is $112.29 and its 200 day moving average is $109.10.

Institutional Trading of JPMorgan Diversified Return U.S. Mid Cap Equity ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. MAI Capital Management grew its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the third quarter. MAI Capital Management now owns 408 shares of the company’s stock valued at $44,000 after purchasing an additional 133 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% in the 4th quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock worth $86,000 after purchasing an additional 619 shares in the last quarter. Private Trust Co. NA grew its stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the 3rd quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after buying an additional 634 shares during the last quarter. Cary Street Partners Financial LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at about $220,000. Finally, Luts & Greenleigh Group Inc. acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter valued at about $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.