Short Interest in JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) Increases By 118.2%

JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 16,800 shares, an increase of 118.2% from the August 31st total of 7,700 shares. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 32,900 shares, the short-interest ratio is currently 0.5 days.

Hedge Funds Weigh In On JPMorgan Sustainable Municipal Income ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Betterment LLC lifted its holdings in JPMorgan Sustainable Municipal Income ETF by 54.1% during the 2nd quarter. Betterment LLC now owns 1,134,628 shares of the company’s stock worth $56,073,000 after purchasing an additional 398,284 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 20.3% during the second quarter. JPMorgan Chase & Co. now owns 642,615 shares of the company’s stock worth $31,758,000 after buying an additional 108,542 shares in the last quarter. Flow Traders U.S. LLC bought a new stake in shares of JPMorgan Sustainable Municipal Income ETF in the first quarter valued at about $716,000. EP Wealth Advisors LLC boosted its position in shares of JPMorgan Sustainable Municipal Income ETF by 4.3% in the first quarter. EP Wealth Advisors LLC now owns 315,156 shares of the company’s stock valued at $15,695,000 after acquiring an additional 13,056 shares during the period. Finally, Advisory Services Network LLC acquired a new position in shares of JPMorgan Sustainable Municipal Income ETF in the second quarter valued at about $586,000.

JPMorgan Sustainable Municipal Income ETF Stock Up 0.0%

Shares of JMSI stock opened at $50.14 on Monday. JPMorgan Sustainable Municipal Income ETF has a 52 week low of $47.72 and a 52 week high of $51.00. The company has a 50-day simple moving average of $49.61 and a 200 day simple moving average of $49.36.

About JPMorgan Sustainable Municipal Income ETF

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years.