JPMorgan Chase & Co. (NYSE:JPM.PRM) Sees Significant Growth in Short Interest

JPMorgan Chase & Co. (NYSE:JPM.PRMGet Free Report) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 116,500 shares, an increase of 49.2% from the June 30th total of 78,100 shares. Based on an average trading volume of 138,500 shares, the days-to-cover ratio is presently 0.8 days.

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About JPMorgan Chase & Co.

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JPMorgan Chase & Co operates as a financial services company worldwide. It operates through four segments: Consumer & Community Banking (CCB), Corporate & Investment Bank (CIB), Commercial Banking (CB), and Asset & Wealth Management (AWM). The CCB segment offers deposit, investment and lending products, cash management, and payments and services; mortgage origination and servicing activities; residential mortgages and home equity loans; and credit cards, auto loans, leases, and travel services to consumers and small businesses through bank branches, ATMs, and digital and telephone banking.

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