JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Update

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 64,879 shares, a drop of 53.4% from the July 30th total of 139,239 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 292,731 shares, the short-interest ratio is currently 0.2 days.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Performance

Shares of JPMorgan Hedged Equity Laddered Overlay ETF stock traded down $0.03 during mid-day trading on Friday, hitting $69.69. 157,415 shares of the stock were exchanged, compared to its average volume of 341,983. JPMorgan Hedged Equity Laddered Overlay ETF has a 12 month low of $63.24 and a 12 month high of $70.23. The company has a 50-day simple moving average of $68.50 and a 200 day simple moving average of $67.26. The company has a market capitalization of $4.71 billion, a P/E ratio of 25.99 and a beta of 0.56.

Institutional Trading of JPMorgan Hedged Equity Laddered Overlay ETF

A number of hedge funds have recently bought and sold shares of the business. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth $29,000. Your Advocates Ltd. LLP purchased a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter valued at $29,000. Markowski Investments bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 2nd quarter worth $30,000. HHM Wealth Advisors LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth $31,000. Finally, Gilpin Wealth Management LLC bought a new stake in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 4th quarter worth $34,000.

About JPMorgan Hedged Equity Laddered Overlay ETF

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.