Short Interest in JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Grows By 364.7%

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the recipient of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 18,362 shares, an increase of 364.7% from the November 30th total of 3,951 shares. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.6% of the company’s stock are sold short. Currently, 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is currently 2.0 days.

JPMorgan Diversified Return U.S. Equity ETF Price Performance

JPMorgan Diversified Return U.S. Equity ETF stock traded up $0.03 during midday trading on Friday, reaching $125.39. The company’s stock had a trading volume of 3,537 shares, compared to its average volume of 9,222. The stock has a market capitalization of $397.49 million, a P/E ratio of 17.74 and a beta of 0.87. The stock’s 50-day simple moving average is $123.68 and its 200-day simple moving average is $121.80. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $101.63 and a 52-week high of $126.17.

Institutional Trading of JPMorgan Diversified Return U.S. Equity ETF

Large investors have recently bought and sold shares of the stock. PNC Financial Services Group Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the second quarter worth $25,000. Horizon Investments LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter valued at $37,000. Nova Wealth Management Inc. raised its stake in JPMorgan Diversified Return U.S. Equity ETF by 141.9% in the 2nd quarter. Nova Wealth Management Inc. now owns 537 shares of the company’s stock worth $63,000 after acquiring an additional 315 shares during the last quarter. Ameritas Advisory Services LLC purchased a new position in JPMorgan Diversified Return U.S. Equity ETF in the 2nd quarter worth $105,000. Finally, Advisory Services Network LLC acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the 3rd quarter worth about $115,000.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.