JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Sees Large Increase in Short Interest

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the target of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 16,404 shares, a growth of 45.0% from the January 29th total of 11,311 shares. Based on an average daily volume of 9,893 shares, the short-interest ratio is currently 1.7 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 9,893 shares, the short-interest ratio is currently 1.7 days.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Mid Cap Equity ETF

A number of institutional investors have recently bought and sold shares of the business. MAI Capital Management increased its holdings 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 in the last quarter. Farther Finance Advisors LLC lifted its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% during the fourth quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock valued at $86,000 after acquiring an additional 619 shares during the period. Private Trust Co. NA boosted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% in the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock valued at $126,000 after acquiring an additional 634 shares during the last quarter. Cary Street Partners Financial LLC bought a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter valued at about $220,000. Finally, Luts & Greenleigh Group Inc. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter worth about $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.1%

NYSEARCA:JPME traded down $0.15 during mid-day trading on Friday, hitting $119.52. 10,040 shares of the company’s stock traded hands, compared to its average volume of 12,404. The firm has a market capitalization of $424.30 million, a price-to-earnings ratio of 17.00 and a beta of 0.95. The firm has a 50 day moving average of $114.10 and a two-hundred day moving average of $110.07. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 12 month low of $87.85 and a 12 month high of $119.67.

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

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.