JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Stock Short Interest Report for October

JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) saw a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 1,763 shares, a decrease of 94.2% from the October 15th total of 30,173 shares. Based on an average daily volume of 68,745 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

JPMorgan High Yield Municipal ETF Trading Up 0.1%

Shares of NYSEARCA JMHI traded up $0.07 on Wednesday, reaching $48.70. 31,309 shares of the company traded hands, compared to its average volume of 46,686. JPMorgan High Yield Municipal ETF has a fifty-two week low of $46.26 and a fifty-two week high of $51.19. The company has a 50 day moving average of $47.84 and a 200 day moving average of $49.55.

Institutional Investors Weigh In On JPMorgan High Yield Municipal ETF

Several institutional investors have recently bought and sold shares of JMHI. Cetera Investment Advisers raised its stake in shares of JPMorgan High Yield Municipal ETF by 4.2% in the 1st quarter. Cetera Investment Advisers now owns 438,873 shares of the company’s stock valued at $21,869,000 after acquiring an additional 17,696 shares during the period. Stewardship Advisors LLC boosted its position in JPMorgan High Yield Municipal ETF by 2.3% during the 3rd quarter. Stewardship Advisors LLC now owns 94,097 shares of the company’s stock worth $4,417,000 after purchasing an additional 2,075 shares during the period. Commonwealth Equity Services LLC acquired a new stake in JPMorgan High Yield Municipal ETF in the 3rd quarter valued at $4,172,000. Royal Bank of Canada increased its holdings in JPMorgan High Yield Municipal ETF by 439.2% in the 1st quarter. Royal Bank of Canada now owns 57,790 shares of the company’s stock valued at $2,880,000 after purchasing an additional 47,072 shares in the last quarter. Finally, AdvisorNet Financial Inc purchased a new stake in shares of JPMorgan High Yield Municipal ETF in the third quarter worth about $2,429,000.

About JPMorgan High Yield Municipal ETF

The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.