JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Update

JPMorgan International Growth ETF (NYSEARCA:JIG) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 55,625 shares, a growth of 80.9% from the July 30th total of 30,752 shares. Based on an average trading volume of 35,677 shares, the days-to-cover ratio is currently 1.6 days. Currently, 0.9% of the shares of the company are short sold.

JPMorgan International Growth ETF Stock Performance

Shares of JIG traded down $0.28 during mid-day trading on Monday, hitting $85.11. 18,112 shares of the company traded hands, compared to its average volume of 33,705. The stock has a market cap of $502.15 million, a price-to-earnings ratio of 24.51 and a beta of 0.98. The stock has a 50-day moving average price of $83.99 and a two-hundred day moving average price of $81.64. JPMorgan International Growth ETF has a 1 year low of $70.77 and a 1 year high of $89.04.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its holdings in shares of JPMorgan International Growth ETF by 19,550.0% during the 3rd quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares during the period. Western Wealth Management LLC bought a new stake in shares of JPMorgan International Growth ETF in the first quarter worth $64,000. Farther Finance Advisors LLC increased its position in JPMorgan International Growth ETF by 86.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock valued at $100,000 after acquiring an additional 636 shares during the last quarter. GeoWealth Management LLC purchased a new stake in JPMorgan International Growth ETF during the third quarter valued at $145,000. Finally, 3Chopt Investment Partners LLC increased its position in JPMorgan International Growth ETF by 7.5% during the fourth quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock valued at $166,000 after acquiring an additional 157 shares during the last quarter.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.