JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Update

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 7,632 shares, an increase of 42.4% from the November 30th total of 5,361 shares. Based on an average trading volume of 8,630 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 8,630 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Ameritas Advisory Services LLC purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 2nd quarter worth $31,000. MAI Capital Management grew its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the third quarter. MAI Capital Management now owns 408 shares of the company’s stock valued at $44,000 after purchasing an additional 133 shares during the period. Private Trust Co. NA increased its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after purchasing an additional 634 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth about $220,000. Finally, Luts & Greenleigh Group Inc. purchased a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth approximately $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Performance

Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock traded down $0.93 on Wednesday, hitting $108.66. The company’s stock had a trading volume of 5,049 shares, compared to its average volume of 13,568. The company has a market capitalization of $374.88 million, a price-to-earnings ratio of 17.00 and a beta of 0.95. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $87.85 and a 1 year high of $111.23. The firm has a fifty day moving average price of $108.33 and a 200-day moving average price of $107.00.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.