JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Stock Short Interest Report for September

JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 26,574 shares, an increase of 326.9% from the September 15th total of 6,225 shares. Based on an average daily volume of 125,862 shares, the short-interest ratio is presently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

JPMorgan High Yield Municipal ETF Trading Up 0.6%

NYSEARCA:JMHI traded up $0.29 during mid-day trading on Friday, hitting $46.86. The company had a trading volume of 106,143 shares, compared to its average volume of 43,219. The business has a fifty day simple moving average of $48.53 and a 200-day simple moving average of $49.52. JPMorgan High Yield Municipal ETF has a 1 year low of $46.26 and a 1 year high of $51.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in JMHI. Cetera Investment Advisers grew its holdings in JPMorgan High Yield Municipal ETF by 4.2% during the 1st quarter. Cetera Investment Advisers now owns 438,873 shares of the company’s stock valued at $21,869,000 after purchasing an additional 17,696 shares in the last quarter. Capital Asset Advisory Services LLC purchased a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth $8,327,000. Stewardship Advisors LLC purchased a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth $4,138,000. Royal Bank of Canada lifted its holdings in JPMorgan High Yield Municipal ETF by 439.2% in the 1st quarter. Royal Bank of Canada now owns 57,790 shares of the company’s stock worth $2,880,000 after buying an additional 47,072 shares in the last quarter. Finally, Investment Planning Advisors Inc. lifted its holdings in JPMorgan High Yield Municipal ETF by 6.2% in the 1st quarter. Investment Planning Advisors Inc. now owns 36,871 shares of the company’s stock worth $1,837,000 after buying an additional 2,151 shares in the last quarter.

JPMorgan High Yield Municipal ETF Company Profile

The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.