Short Interest in JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Expands By 76.3%

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the target of a large growth in short interest in January. As of January 15th, there was short interest totaling 176,894 shares, a growth of 76.3% from the December 31st total of 100,365 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 400,827 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 400,827 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

JPMorgan International Research Enhanced Equity ETF Stock Down 1.0%

Shares of JPMorgan International Research Enhanced Equity ETF stock traded down $0.80 on Friday, reaching $78.57. The company’s stock had a trading volume of 1,435,802 shares, compared to its average volume of 440,810. The stock has a 50-day moving average price of $76.08 and a 200-day moving average price of $74.06. JPMorgan International Research Enhanced Equity ETF has a 52-week low of $56.30 and a 52-week high of $79.73. The company has a market capitalization of $9.98 billion, a P/E ratio of 16.04 and a beta of 0.82.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Logan Capital Management Inc. bought a new position in JPMorgan International Research Enhanced Equity ETF in the second quarter valued at approximately $26,000. Bessemer Group Inc. bought a new position in shares of JPMorgan International Research Enhanced Equity ETF in the third quarter worth $29,000. Blue Trust Inc. purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF during the second quarter worth approximately $30,000. Dunhill Financial LLC purchased a new position in shares of JPMorgan International Research Enhanced Equity ETF in the fourth quarter valued at about $30,000. Finally, Creekmur Asset Management LLC bought a new position in shares of JPMorgan International Research Enhanced Equity ETF in the 2nd quarter worth about $34,000.

JPMorgan International Research Enhanced Equity ETF Company Profile

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.