JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Update

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 188,997 shares, a growth of 55.3% from the November 30th total of 121,695 shares. Based on an average daily trading volume, of 655,585 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 655,585 shares, the days-to-cover ratio is presently 0.3 days.

JPMorgan U.S. Quality Factor ETF Stock Down 0.2%

NYSEARCA:JQUA traded down $0.12 during mid-day trading on Tuesday, reaching $63.77. 236,135 shares of the company were exchanged, compared to its average volume of 689,787. The stock has a market cap of $7.58 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.35. The company has a fifty day moving average of $62.86 and a 200 day moving average of $61.84.

Institutional Investors Weigh In On JPMorgan U.S. Quality Factor ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management bought a new stake in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth about $228,000. Tull Financial Group Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.5% during the third quarter. Tull Financial Group Inc. now owns 591,126 shares of the company’s stock worth $37,188,000 after buying an additional 8,723 shares during the last quarter. IFP Advisors Inc lifted its holdings in JPMorgan U.S. Quality Factor ETF by 0.6% in the third quarter. IFP Advisors Inc now owns 47,264 shares of the company’s stock valued at $2,973,000 after buying an additional 275 shares during the period. Lantern Wealth Advisors LLC acquired a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $218,000. Finally, KERR FINANCIAL PLANNING Corp bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter valued at approximately $557,000.

About JPMorgan U.S. Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.