JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Up 61.1% in March

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large increase in short interest in the month of March. As of March 31st, there was short interest totaling 7,539 shares, an increase of 61.1% from the March 15th total of 4,679 shares. Based on an average daily volume of 32,676 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Lodestone Wealth Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at $33,000. Private Wealth Management Group LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter worth about $63,000. Caldwell Trust Co purchased a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter valued at about $65,000. Horizon Investments LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the fourth quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after acquiring an additional 804 shares in the last quarter. Finally, N.E.W. Advisory Services LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during 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 in the last quarter.

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

Shares of NYSEARCA JPSE traded down $0.27 during midday trading on Wednesday, hitting $55.26. 10,012 shares of the company traded hands, compared to its average volume of 26,184. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12-month low of $39.44 and a 12-month high of $55.60. The stock has a 50-day moving average price of $53.63 and a 200 day moving average price of $51.81. The firm has a market cap of $560.89 million, a P/E ratio of 15.86 and a beta of 1.00.

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

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.