JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Up 115.9% in December

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large growth in short interest in December. As of December 31st, there was short interest totaling 19,434 shares, a growth of 115.9% from the December 15th total of 9,000 shares. Based on an average daily volume of 720,841 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 720,841 shares, the days-to-cover ratio is currently 0.0 days.

JPMorgan Global Select Equity ETF Stock Up 0.5%

NASDAQ JGLO traded up $0.37 during trading hours on Thursday, hitting $69.19. 46,941 shares of the company were exchanged, compared to its average volume of 132,834. The firm has a market cap of $6.93 billion, a price-to-earnings ratio of 23.79 and a beta of 0.90. The company has a 50 day moving average of $67.84 and a two-hundred day moving average of $67.06. JPMorgan Global Select Equity ETF has a 52-week low of $51.78 and a 52-week high of $69.39.

JPMorgan Global Select Equity ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were issued a $0.8129 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 121.0%.

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of JGLO. Jones Financial Companies Lllp purchased a new stake in shares of JPMorgan Global Select Equity ETF during the 3rd quarter worth approximately $35,000. Wilmington Savings Fund Society FSB acquired a new position in shares of JPMorgan Global Select Equity ETF during the third quarter worth about $36,000. Total Investment Management Inc. acquired a new stake in JPMorgan Global Select Equity ETF in the second quarter valued at about $46,000. Tripletail Wealth Management LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the third quarter valued at approximately $51,000. Finally, National Bank of Canada FI acquired a new stake in shares of JPMorgan Global Select Equity ETF in the 3rd quarter worth approximately $74,000.

About JPMorgan Global Select Equity ETF

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.