JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Significant Decline in Short Interest

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIREGet Free Report) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 101,934 shares, a drop of 55.0% from the June 15th total of 226,640 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 389,693 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of JPMorgan International Research Enhanced Equity ETF

Several large investors have recently added to or reduced their stakes in JIRE. Fulton Bank N.A. grew its position in JPMorgan International Research Enhanced Equity ETF by 65.0% during the 2nd quarter. Fulton Bank N.A. now owns 137,763 shares of the company’s stock worth $11,364,000 after acquiring an additional 54,270 shares during the last quarter. Choice Wealth Advisors LLC grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 1.0% during the second quarter. Choice Wealth Advisors LLC now owns 305,647 shares of the company’s stock worth $25,213,000 after purchasing an additional 2,883 shares during the last quarter. First Bank & Trust increased its stake in shares of JPMorgan International Research Enhanced Equity ETF by 20.9% in the second quarter. First Bank & Trust now owns 21,125 shares of the company’s stock valued at $1,743,000 after buying an additional 3,656 shares in the last quarter. GoalVest Advisory LLC increased its stake in shares of JPMorgan International Research Enhanced Equity ETF by 51.1% in the second quarter. GoalVest Advisory LLC now owns 822 shares of the company’s stock valued at $68,000 after buying an additional 278 shares in the last quarter. Finally, Sax Wealth Advisors LLC raised its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 8.7% in the second quarter. Sax Wealth Advisors LLC now owns 351,683 shares of the company’s stock valued at $26,636,000 after buying an additional 28,273 shares during the last quarter.

JPMorgan International Research Enhanced Equity ETF Price Performance

Shares of JIRE traded down $0.75 during trading hours on Thursday, hitting $82.21. The stock had a trading volume of 203,199 shares, compared to its average volume of 515,154. The company’s fifty day moving average is $81.30 and its two-hundred day moving average is $79.32. JPMorgan International Research Enhanced Equity ETF has a 52 week low of $68.47 and a 52 week high of $83.69. The stock has a market capitalization of $11.07 billion, a price-to-earnings ratio of 16.04 and a beta of 0.78.

JPMorgan International Research Enhanced Equity ETF Company Profile

(Get Free Report)

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.

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