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

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 38,914 shares, an increase of 85.1% from the December 31st total of 21,021 shares. Currently, 0.4% of the company’s shares are sold short. Based on an average trading volume of 20,619 shares, the days-to-cover ratio is currently 1.9 days. Based on an average trading volume of 20,619 shares, the days-to-cover ratio is currently 1.9 days. Currently, 0.4% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Lodestone Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter valued at about $33,000. Ameriflex Group Inc. bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 2nd quarter worth approximately $43,000. Private Wealth Management Group LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth approximately $63,000. Caldwell Trust Co purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the fourth quarter valued at approximately $65,000. Finally, N.E.W. Advisory Services LLC lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after acquiring an additional 2,502 shares during the period.

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

NYSEARCA:JPSE traded down $0.45 during trading hours on Friday, reaching $53.09. The company’s stock had a trading volume of 8,042 shares, compared to its average volume of 22,127. The firm has a 50-day simple moving average of $51.70 and a 200-day simple moving average of $49.85. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 1 year low of $37.66 and a 1 year high of $54.90. The firm has a market capitalization of $538.86 million, a price-to-earnings ratio of 15.86 and a beta of 1.04.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.