Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Decreases By 17.9%

JPMorgan International Growth ETF (NYSEARCA:JIG) was the recipient of a significant decrease in short interest during the month of February. As of February 13th, there was short interest totaling 21,129 shares, a decrease of 17.9% from the January 29th total of 25,738 shares. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 92,134 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 92,134 shares, the short-interest ratio is currently 0.2 days. Currently, 0.5% of the shares of the company are sold short.

JPMorgan International Growth ETF Price Performance

NYSEARCA:JIG traded down $2.86 during midday trading on Tuesday, hitting $77.45. The company’s stock had a trading volume of 20,697 shares, compared to its average volume of 40,532. JPMorgan International Growth ETF has a fifty-two week low of $53.65 and a fifty-two week high of $82.13. The firm has a market cap of $313.67 million, a P/E ratio of 24.51 and a beta of 0.93. The firm’s 50 day moving average is $77.61 and its 200-day moving average is $75.51.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Farther Finance Advisors LLC boosted its holdings in JPMorgan International Growth ETF by 280.3% in the third quarter. Farther Finance Advisors LLC now owns 734 shares of the company’s stock valued at $55,000 after purchasing an additional 541 shares during the last quarter. Bank of America Corp DE lifted its holdings in shares of JPMorgan International Growth ETF by 19,550.0% in the 3rd quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares during the period. Capital Investment Advisory Services LLC purchased a new stake in shares of JPMorgan International Growth ETF in the third quarter worth about $61,000. Richardson Financial Services Inc. acquired a new stake in JPMorgan International Growth ETF during the third quarter worth about $108,000. Finally, Private Trust Co. NA acquired a new stake in JPMorgan International Growth ETF during the third quarter worth about $114,000.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.