JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Stock Short Interest Declines 60.9%

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) saw a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 111 shares, a decline of 60.9% from the September 15th total of 284 shares. Based on an average trading volume of 1,243 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

JPMorgan Fundamental Data Science Mid Core ETF Stock Down 0.1%

Shares of NASDAQ MCDS traded down $0.06 during trading hours on Tuesday, reaching $66.51. 1,350 shares of the stock traded hands, compared to its average volume of 408. The company has a market capitalization of $7.98 million, a P/E ratio of 20.20 and a beta of 0.84. JPMorgan Fundamental Data Science Mid Core ETF has a 52-week low of $55.63 and a 52-week high of $70.42. The company’s 50-day simple moving average is $67.51 and its two-hundred day simple moving average is $65.78.

JPMorgan Fundamental Data Science Mid Core ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Tuesday, September 22nd were issued a $0.1932 dividend. This represents a $0.77 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Tuesday, September 22nd. This is a positive change from JPMorgan Fundamental Data Science Mid Core ETF’s previous quarterly dividend of $0.1680.

Institutional Investors Weigh In On JPMorgan Fundamental Data Science Mid Core ETF

An institutional investor recently raised its position in JPMorgan Fundamental Data Science Mid Core ETF stock. Royal Bank of Canada increased its stake in shares of JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,213 shares of the company’s stock after acquiring an additional 224 shares during the quarter. Royal Bank of Canada owned approximately 6.84% of JPMorgan Fundamental Data Science Mid Core ETF worth $488,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About JPMorgan Fundamental Data Science Mid Core ETF

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.