JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Up 65.4% in February

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 2,451 shares, an increase of 65.4% from the January 29th total of 1,482 shares. Based on an average daily volume of 864 shares, the days-to-cover ratio is presently 2.8 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 864 shares, the days-to-cover ratio is presently 2.8 days.

JPMorgan Active Small Cap Value ETF Stock Down 1.4%

Shares of NYSEARCA JPSV traded down $0.84 during midday trading on Friday, reaching $61.27. 220 shares of the company’s stock traded hands, compared to its average volume of 559. The company has a market cap of $25.12 million, a price-to-earnings ratio of 15.78 and a beta of 0.98. The stock’s 50 day simple moving average is $60.66 and its 200-day simple moving average is $59.22. JPMorgan Active Small Cap Value ETF has a one year low of $48.81 and a one year high of $63.02.

Institutional Investors Weigh In On JPMorgan Active Small Cap Value ETF

Several institutional investors have recently added to or reduced their stakes in JPSV. Royal Bank of Canada grew its stake in shares of JPMorgan Active Small Cap Value ETF by 6.6% during the fourth quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock worth $187,000 after acquiring an additional 198 shares during the last quarter. Opal Capital LLC acquired a new stake in JPMorgan Active Small Cap Value ETF in the 4th quarter worth approximately $359,000. Geneos Wealth Management Inc. boosted its stake in JPMorgan Active Small Cap Value ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after purchasing an additional 10,007 shares in the last quarter. Finally, Citadel Advisors LLC grew its position in JPMorgan Active Small Cap Value ETF by 8.7% during the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after purchasing an additional 325 shares during the last quarter.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.