JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Sees Large Drop in Short Interest

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a large decrease in short interest in January. As of January 30th, there was short interest totaling 8,349 shares, a decrease of 52.0% from the January 15th total of 17,376 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 5,759 shares, the days-to-cover ratio is currently 1.4 days. Based on an average trading volume of 5,759 shares, the days-to-cover ratio is currently 1.4 days. Currently, 0.3% of the company’s shares are short sold.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPMorgan Diversified Return U.S. Equity ETF stock traded down $0.63 during midday trading on Thursday, reaching $134.77. The stock had a trading volume of 2,649 shares, compared to its average volume of 8,584. JPMorgan Diversified Return U.S. Equity ETF has a twelve month low of $101.63 and a twelve month high of $136.15. The firm has a market cap of $417.79 million, a price-to-earnings ratio of 17.74 and a beta of 0.87. The firm’s fifty day simple moving average is $127.47 and its two-hundred day simple moving average is $124.20.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Vise Technologies Inc. purchased a new position in JPMorgan Diversified Return U.S. Equity ETF during the 2nd quarter valued at about $3,261,000. Jones Financial Companies Lllp increased its position in JPMorgan Diversified Return U.S. Equity ETF by 40.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 38,193 shares of the company’s stock worth $4,711,000 after purchasing an additional 10,980 shares during the last quarter. Bank of America Corp DE raised its position in JPMorgan Diversified Return U.S. Equity ETF by 3.2% during the third quarter. Bank of America Corp DE now owns 274,097 shares of the company’s stock valued at $33,963,000 after acquiring an additional 8,485 shares in the last quarter. Jane Street Group LLC lifted its stake in JPMorgan Diversified Return U.S. Equity ETF by 146.4% in the first quarter. Jane Street Group LLC now owns 12,283 shares of the company’s stock valued at $1,415,000 after acquiring an additional 7,298 shares during the last quarter. Finally, Captrust Financial Advisors boosted its holdings in JPMorgan Diversified Return U.S. Equity ETF by 3.2% in the third quarter. Captrust Financial Advisors now owns 220,267 shares of the company’s stock worth $27,293,000 after purchasing an additional 6,844 shares in the last quarter.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.