JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Update

JPMorgan International Growth ETF (NYSEARCA:JIG) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 55,625 shares, a growth of 80.9% from the July 30th total of 30,752 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average daily volume of 35,677 shares, the short-interest ratio is presently 1.6 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its position in JPMorgan International Growth ETF by 6.4% in the 1st quarter. Jane Street Group LLC now owns 5,254 shares of the company’s stock worth $333,000 after purchasing an additional 318 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of JPMorgan International Growth ETF during the 2nd quarter valued at approximately $7,451,000. Thrivent Financial for Lutherans purchased a new position in shares of JPMorgan International Growth ETF during the 2nd quarter valued at approximately $813,000. GeoWealth Management LLC acquired a new position in shares of JPMorgan International Growth ETF in the 3rd quarter valued at $145,000. Finally, Raymond James Financial Inc. lifted its stake in shares of JPMorgan International Growth ETF by 2.8% in the 3rd quarter. Raymond James Financial Inc. now owns 52,138 shares of the company’s stock valued at $3,928,000 after purchasing an additional 1,438 shares during the period.

JPMorgan International Growth ETF Trading Down 0.5%

Shares of NYSEARCA JIG traded down $0.46 during trading on Friday, reaching $85.39. 31,666 shares of the company traded hands, compared to its average volume of 33,800. The stock has a market cap of $503.80 million, a P/E ratio of 24.51 and a beta of 0.98. The firm’s fifty day simple moving average is $84.06 and its 200 day simple moving average is $81.58. JPMorgan International Growth ETF has a 12-month low of $70.77 and a 12-month high of $89.04.

JPMorgan International Growth ETF Company Profile

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.