Short Interest in JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Expands By 111.2%

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totalling 1,190,000 shares, an increase of 111.2% from the September 15th total of 563,500 shares. Based on an average daily volume of 3,041,500 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Beacon Capital Management LLC purchased a new stake in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth approximately $26,000. SJS Investment Consulting Inc. acquired a new stake in JPMorgan Nasdaq Equity Premium Income ETF in the second quarter valued at $28,000. Global Wealth Strategies & Associates boosted its stake in JPMorgan Nasdaq Equity Premium Income ETF by 36.4% during the 1st quarter. Global Wealth Strategies & Associates now owns 750 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 2nd quarter worth $56,000. Finally, First Command Advisory Services Inc. bought a new stake in shares of JPMorgan Nasdaq Equity Premium Income ETF in the 1st quarter worth about $59,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of JEPQ stock traded up $0.10 during trading hours on Friday, reaching $54.86. The company had a trading volume of 2,335,616 shares, compared to its average volume of 2,825,344. The stock’s fifty day simple moving average is $53.36 and its 200 day simple moving average is $53.78. The company has a market capitalization of $17.11 billion, a P/E ratio of 32.10 and a beta of -0.84. JPMorgan Nasdaq Equity Premium Income ETF has a twelve month low of $44.95 and a twelve month high of $56.18.

JPMorgan Nasdaq Equity Premium Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Shareholders of record on Tuesday, October 1st were given a $0.551 dividend. This represents a $6.61 annualized dividend and a yield of 12.05%. The ex-dividend date was Tuesday, October 1st.

JPMorgan Nasdaq Equity Premium Income ETF Company Profile

The J.P. Morgan Nasdaq Equity Premium Income ETF (JEPQ) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed fund of US large-cap companies from the Nasdaq-100 Index, assessed and managed using ESG factors and a proprietary data science driven investment approach.