JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Short Interest Update

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) saw a significant decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,288,207 shares, a decline of 63.6% from the November 30th total of 3,540,795 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 5,291,945 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 5,291,945 shares, the short-interest ratio is presently 0.2 days. Approximately 0.2% of the shares of the company are sold short.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST stock traded up $0.02 during trading hours on Friday, hitting $50.75. The stock had a trading volume of 3,857,005 shares, compared to its average volume of 6,149,227. The firm has a market capitalization of $34.28 billion, a PE ratio of 110.33 and a beta of 0.01. The stock’s 50 day moving average is $50.67 and its 200 day moving average is $50.64. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.78.

Institutional Investors Weigh In On JPMorgan Ultra-Short Income ETF

Several hedge funds have recently made changes to their positions in the business. Centurion Wealth Management LLC raised its stake in JPMorgan Ultra-Short Income ETF by 2.0% during the 2nd quarter. Centurion Wealth Management LLC now owns 10,160 shares of the company’s stock valued at $515,000 after acquiring an additional 200 shares during the last quarter. Archer Investment Corp increased its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares during the period. Kathleen S. Wright Associates Inc. raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.3% during the second quarter. Kathleen S. Wright Associates Inc. now owns 9,811 shares of the company’s stock worth $497,000 after purchasing an additional 220 shares during the last quarter. Sax Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the third quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after purchasing an additional 220 shares during the last quarter. Finally, Lantern Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after purchasing an additional 226 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.