JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Short Interest Down 48.9% in July

JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,479 shares, a decrease of 48.9% from the July 15th total of 2,896 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 64,073 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On JPMorgan High Yield Municipal ETF

Institutional investors have recently modified their holdings of the business. Western Wealth Management LLC bought a new position in JPMorgan High Yield Municipal ETF during the 1st quarter valued at about $26,000. Global Retirement Partners LLC purchased a new stake in JPMorgan High Yield Municipal ETF in the fourth quarter worth approximately $100,000. Strategic Financial Concepts LLC bought a new stake in JPMorgan High Yield Municipal ETF in the 4th quarter worth approximately $220,000. Sanctuary Advisors LLC purchased a new stake in JPMorgan High Yield Municipal ETF during the 4th quarter valued at $286,000. Finally, Laurel Oak Wealth Management LLC bought a new position in shares of JPMorgan High Yield Municipal ETF during the 4th quarter valued at $287,000.

JPMorgan High Yield Municipal ETF Stock Down 0.5%

JPMorgan High Yield Municipal ETF stock traded down $0.27 during trading hours on Tuesday, hitting $49.38. The stock had a trading volume of 45,638 shares, compared to its average volume of 29,471. The stock’s 50-day moving average price is $50.02 and its 200-day moving average price is $50.16. JPMorgan High Yield Municipal ETF has a 12-month low of $49.01 and a 12-month high of $51.19.

JPMorgan High Yield Municipal ETF Company Profile

The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.