JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Update

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 11,546 shares, a decrease of 39.8% from the August 15th total of 19,181 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 14,193 shares, the short-interest ratio is presently 0.8 days.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Stock Performance

Shares of JPSE stock traded up $0.43 during trading hours on Wednesday, hitting $58.51. 9,950 shares of the company were exchanged, compared to its average volume of 25,723. The company has a 50 day simple moving average of $59.72 and a two-hundred day simple moving average of $57.48. The firm has a market cap of $583.92 million, a P/E ratio of 15.86 and a beta of 0.98. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a fifty-two week low of $47.44 and a fifty-two week high of $61.27.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

A number of large investors have recently bought and sold shares of the stock. Trademark Financial Management LLC bought a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the first quarter valued at $202,000. Money Concepts Capital Corp bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 1st quarter worth about $223,000. Kestra Private Wealth Services LLC raised its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the 1st quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock worth $335,000 after buying an additional 362 shares during the period. Cary Street Partners Financial LLC acquired a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth approximately $519,000. Finally, McLaughlin Asset Management Inc. bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth approximately $610,000.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.