Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Expands By 95.6%

JPMorgan International Value ETF (NASDAQ:JIVE) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 136,871 shares, a growth of 95.6% from the August 15th total of 69,961 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 301,677 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On JPMorgan International Value ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Analysts LLC increased its stake in JPMorgan International Value ETF by 35.3% in the 2nd quarter. Capital Analysts LLC now owns 5,828 shares of the ETF’s stock worth $536,000 after acquiring an additional 1,522 shares during the last quarter. Integrated Wealth Concepts LLC boosted its position in shares of JPMorgan International Value ETF by 878.9% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 40,859 shares of the ETF’s stock valued at $3,757,000 after acquiring an additional 36,685 shares during the last quarter. IFP Advisors Inc grew its holdings in shares of JPMorgan International Value ETF by 37.7% in the second quarter. IFP Advisors Inc now owns 4,868 shares of the ETF’s stock valued at $448,000 after purchasing an additional 1,333 shares in the last quarter. Baird Financial Group Inc. purchased a new position in shares of JPMorgan International Value ETF in the second quarter valued at $242,000. Finally, Allworth Financial LP bought a new stake in JPMorgan International Value ETF in the second quarter worth $70,000. 65.36% of the stock is owned by institutional investors.

JPMorgan International Value ETF Stock Down 0.5%

NASDAQ JIVE traded down $0.47 on Wednesday, reaching $97.29. The company had a trading volume of 278,020 shares, compared to its average volume of 333,579. The stock has a market capitalization of $3.96 billion, a PE ratio of -884.45 and a beta of 0.45. The firm’s 50 day moving average price is $96.40 and its 200 day moving average price is $92.19. JPMorgan International Value ETF has a 12 month low of $73.71 and a 12 month high of $100.21.

About JPMorgan International Value ETF

JPMorgan International Value ETF (NASDAQ: JIVE) is an exchange-traded fund managed by J.P. Morgan Asset Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located outside the United States.

JIVE uses an international value-investing approach, emphasizing companies that the portfolio management team believes are undervalued relative to their fundamentals or long-term growth prospects. Its portfolio may include businesses across developed and emerging markets and can provide exposure to multiple industries, countries and regions.

The ETF is designed for investors seeking diversified international equity exposure through a professionally managed portfolio.