JPMorgan Active Value ETF (NYSEARCA:JAVA) Short Interest Update

JPMorgan Active Value ETF (NYSEARCA:JAVA) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 69,052 shares, a decline of 42.1% from the July 30th total of 119,194 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 336,440 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On JPMorgan Active Value ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Active Value ETF in the 4th quarter valued at about $32,000. Quadrant Capital Group LLC bought a new stake in JPMorgan Active Value ETF in the fourth quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Active Value ETF in the third quarter valued at approximately $33,000. Greenline Wealth Management LLC acquired a new stake in JPMorgan Active Value ETF in the fourth quarter worth $45,000. Finally, Compass Financial Management LLC acquired a new stake in JPMorgan Active Value ETF in the second quarter worth $103,000. Institutional investors own 43.07% of the company’s stock.

JPMorgan Active Value ETF Price Performance

Shares of JAVA stock traded down $0.44 during trading hours on Tuesday, reaching $82.20. The company had a trading volume of 294,131 shares, compared to its average volume of 435,809. JPMorgan Active Value ETF has a 1-year low of $67.14 and a 1-year high of $84.06. The firm has a market cap of $7.04 billion, a price-to-earnings ratio of -90.33 and a beta of 0.77. The company has a 50 day moving average of $81.40 and a 200 day moving average of $77.42.

JPMorgan Active Value ETF Company Profile

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.