JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Sees Significant Increase in Short Interest

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 53,839 shares, an increase of 462.8% from the February 26th total of 9,566 shares. Based on an average daily volume of 162,091 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 162,091 shares, the short-interest ratio is currently 0.3 days.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 1.0%

NYSEARCA:JMEE traded up $0.67 during mid-day trading on Tuesday, hitting $67.03. The company had a trading volume of 386,182 shares, compared to its average volume of 145,034. The business has a fifty day simple moving average of $68.54 and a 200-day simple moving average of $65.72. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $48.18 and a 1 year high of $71.10. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 17.83 and a beta of 1.09.

Institutional Investors Weigh In On JPMorgan Small & Mid Cap Enhanced Equity ETF

A number of large investors have recently modified their holdings of JMEE. Smartleaf Asset Management LLC purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the 4th quarter valued at about $26,000. Fifth Third Bancorp acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the fourth quarter valued at approximately $27,000. Main Street Group LTD acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF in the third quarter valued at approximately $30,000. Banco de Sabadell S.A purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the second quarter valued at approximately $31,000. Finally, Godsey & Gibb Inc. purchased a new stake in shares of JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at approximately $45,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Company Profile

The JPMorgan Market Expansion Enhanced Equity ETF (JMEE) is an exchange-traded fund that is based on the S&P 1000 index. The fund is an actively managed portfolio of small- and mid-cap US stocks and REITs. The fund uses a proprietary selection and weighting criteria, aiming to modestly outperform the total return of the S&P 1000 Index. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.