JPMorgan Active China ETF (NYSEARCA:JCHI) Short Interest Down 39.2% in July

JPMorgan Active China ETF (NYSEARCA:JCHI) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,207 shares, a decline of 39.2% from the July 15th total of 5,279 shares. Approximately 1.1% of the company’s shares are short sold. Based on an average trading volume of 576 shares, the short-interest ratio is currently 5.6 days.

Institutional Investors Weigh In On JPMorgan Active China ETF

A hedge fund recently bought a new position in JPMorgan Active China ETF stock. OLD Mission Capital LLC bought a new position in shares of JPMorgan Active China ETF (NYSEARCA:JCHI) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 36,290 shares of the company’s stock, valued at approximately $1,986,000. OLD Mission Capital LLC owned 12.96% of JPMorgan Active China ETF at the end of the most recent quarter.

JPMorgan Active China ETF Stock Performance

Shares of JCHI opened at $54.74 on Thursday. The stock has a fifty day moving average of $53.80 and a two-hundred day moving average of $54.29. The company has a market capitalization of $15.33 million, a PE ratio of 15.29 and a beta of 0.45. JPMorgan Active China ETF has a fifty-two week low of $50.85 and a fifty-two week high of $60.65.

JPMorgan Active China ETF Company Profile

The J.P. Morgan Exchange-Traded Fund Trust – JPMorgan Active China ETF (JCHI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process JCHI was launched on Mar 15, 2023 and is managed by JPMorgan Chase.