JPMorgan International Growth ETF (NYSEARCA:JIG) Sees Significant Increase in Short Interest

JPMorgan International Growth ETF (NYSEARCA:JIG) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 30,752 shares, a growth of 49.5% from the July 15th total of 20,568 shares. Based on an average trading volume of 27,309 shares, the short-interest ratio is currently 1.1 days. Approximately 0.5% of the shares of the stock are short sold.

JPMorgan International Growth ETF Stock Performance

JIG stock opened at $84.49 on Thursday. The company has a market capitalization of $498.49 million, a PE ratio of 24.51 and a beta of 0.98. JPMorgan International Growth ETF has a one year low of $70.77 and a one year high of $89.04. The company’s 50 day moving average price is $84.19 and its two-hundred day moving average price is $81.22.

Hedge Funds Weigh In On JPMorgan International Growth ETF

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in JPMorgan International Growth ETF by 19,550.0% in the third quarter. Bank of America Corp DE now owns 786 shares of the company’s stock worth $59,000 after purchasing an additional 782 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of JPMorgan International Growth ETF during the first quarter valued at about $64,000. Farther Finance Advisors LLC grew its stake in shares of JPMorgan International Growth ETF by 86.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock valued at $100,000 after buying an additional 636 shares during the last quarter. GeoWealth Management LLC purchased a new position in shares of JPMorgan International Growth ETF in the third quarter worth about $145,000. Finally, 3Chopt Investment Partners LLC increased its holdings in shares of JPMorgan International Growth ETF by 7.5% in the fourth quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock worth $166,000 after buying an additional 157 shares during the period.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.