Short Interest in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Drops By 44.8%

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw a large decrease in short interest during the month of January. As of January 30th, there was short interest totaling 21,468 shares, a decrease of 44.8% from the January 15th total of 38,914 shares. Based on an average daily volume of 23,726 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the company’s shares are short sold. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 23,726 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in the business. Lodestone Wealth Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth approximately $33,000. Private Wealth Management Group LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $63,000. Horizon Investments LLC grew its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after buying an additional 804 shares during the period. Caldwell Trust Co bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at $65,000. Finally, N.E.W. Advisory Services LLC lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock valued at $143,000 after acquiring an additional 2,502 shares during the period.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 1.4%

JPSE stock traded up $0.74 during midday trading on Friday, hitting $54.89. The stock had a trading volume of 42,273 shares, compared to its average volume of 22,842. The firm has a market cap of $557.13 million, a P/E ratio of 15.86 and a beta of 1.04. The business has a fifty day moving average price of $52.53 and a two-hundred day moving average price of $50.43. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1-year low of $37.66 and a 1-year high of $55.40.

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

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.