JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Up 83.0% in May

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,854 shares, an increase of 83.0% from the April 30th total of 7,025 shares. Based on an average trading volume of 10,420 shares, the short-interest ratio is currently 1.2 days. Approximately 0.4% of the shares of the stock are sold short.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPMorgan Diversified Return U.S. Equity ETF stock opened at $137.69 on Thursday. The stock’s fifty day moving average price is $134.78 and its two-hundred day moving average price is $130.85. JPMorgan Diversified Return U.S. Equity ETF has a one year low of $115.81 and a one year high of $138.25. The firm has a market cap of $443.36 million, a PE ratio of 17.74 and a beta of 0.82.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Equity ETF

Hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 0.7% in the 4th quarter. AQR Capital Management LLC now owns 12,676 shares of the company’s stock valued at $1,571,000 after purchasing an additional 85 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 3.8% in the 4th quarter. Cetera Investment Advisers now owns 3,409 shares of the company’s stock valued at $422,000 after purchasing an additional 126 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 9.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 1,631 shares of the company’s stock valued at $202,000 after purchasing an additional 139 shares during the last quarter. RHS Financial LLC increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 1.6% in the 4th quarter. RHS Financial LLC now owns 10,842 shares of the company’s stock valued at $1,344,000 after purchasing an additional 168 shares during the last quarter. Finally, Ameriprise Financial Inc. increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 6.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,812 shares of the company’s stock valued at $352,000 after purchasing an additional 174 shares during 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.