JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Short Interest Update

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,794 shares, a growth of 88.3% from the May 14th total of 3,077 shares. Based on an average daily trading volume, of 3,023 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.4% of the shares of the company are short sold.

Hedge Funds Weigh In On JPMorgan Active Developing Markets Equity ETF

An institutional investor recently bought a new position in JPMorgan Active Developing Markets Equity ETF stock. Assetmark Inc. purchased a new position in JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned 8.02% of JPMorgan Active Developing Markets Equity ETF at the end of the most recent quarter. 29.47% of the stock is owned by institutional investors and hedge funds.

JPMorgan Active Developing Markets Equity ETF Stock Up 0.1%

Shares of JADE traded up $0.10 during mid-day trading on Friday, reaching $78.55. The company had a trading volume of 2,692 shares, compared to its average volume of 3,654. JPMorgan Active Developing Markets Equity ETF has a 52-week low of $52.50 and a 52-week high of $81.67. The stock has a market capitalization of $31.42 million, a P/E ratio of -154.02 and a beta of 0.80. The stock has a 50 day moving average of $75.10 and a two-hundred day moving average of $69.57.

JPMorgan Active Developing Markets Equity ETF Company Profile

The JPMorgan Active Developing Markets Equity ETF (JADE) is an exchange-traded fund that mostly invests in total market equity. The fund is a pure actively managed ETF, investing in equities and equity-related securities tied to emerging markets. The fund is focused on both growth and value stocks, aiming for long-term growth of capital JADE was launched on May 16, 2024 and is issued by JPMorgan Chase.