JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 3,334 shares, a growth of 36.8% from the December 15th total of 2,437 shares. Based on an average trading volume of 877 shares, the short-interest ratio is presently 3.8 days. Approximately 2.0% of the company’s shares are short sold. Approximately 2.0% of the company’s shares are short sold. Based on an average trading volume of 877 shares, the short-interest ratio is presently 3.8 days.

JPMorgan Dividend Leaders ETF Stock Performance

Shares of NYSEARCA:JDIV traded up $0.03 during midday trading on Friday, hitting $55.25. 159 shares of the company’s stock traded hands, compared to its average volume of 451. The company has a market cap of $9.39 million, a PE ratio of 20.22 and a beta of 0.85. The firm’s fifty day moving average price is $53.96 and its two-hundred day moving average price is $53.30. JPMorgan Dividend Leaders ETF has a twelve month low of $42.03 and a twelve month high of $55.32.

JPMorgan Dividend Leaders ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were given a $0.2158 dividend. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date was Monday, December 15th. This is an increase from JPMorgan Dividend Leaders ETF’s previous quarterly dividend of $0.17.

Institutional Investors Weigh In On JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. raised its stake in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 1.3% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,336 shares of the company’s stock after acquiring an additional 264 shares during the period. Benjamin Edwards Inc. owned 14.22% of JPMorgan Dividend Leaders ETF worth $1,147,000 as of its most recent SEC filing.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.