JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Shares Shorted: Short Interest Down 82.3% in October

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,746 shares, a decline of 82.3% from the October 15th total of 15,500 shares. Approximately 0.7% of the shares of the stock are sold short. Based on an average trading volume of 3,384 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Advisory Alpha LLC purchased a new stake in shares of JPMorgan Active Developing Markets Equity ETF in the third quarter valued at approximately $1,402,000. Eclectic Associates Inc. ADV acquired a new stake in shares of JPMorgan Active Developing Markets Equity ETF in the third quarter valued at approximately $1,723,000. Farther Finance Advisors LLC increased its holdings in shares of JPMorgan Active Developing Markets Equity ETF by 7.9% in the third quarter. Farther Finance Advisors LLC now owns 4,916 shares of the company’s stock valued at $388,000 after purchasing an additional 362 shares during the last quarter. Cooper Financial Group increased its holdings in shares of JPMorgan Active Developing Markets Equity ETF by 3.3% in the third quarter. Cooper Financial Group now owns 15,436 shares of the company’s stock valued at $1,218,000 after purchasing an additional 488 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in shares of JPMorgan Active Developing Markets Equity ETF by 46.4% in the second quarter. Integrated Wealth Concepts LLC now owns 4,433 shares of the company’s stock valued at $355,000 after purchasing an additional 1,406 shares during the last quarter. 29.47% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Active Developing Markets Equity ETF Price Performance

NYSEARCA JADE traded down $0.10 during trading hours on Friday, hitting $71.31. 2,106 shares of the company’s stock traded hands, compared to its average volume of 3,154. JPMorgan Active Developing Markets Equity ETF has a 52-week low of $60.13 and a 52-week high of $82.75. The company has a market capitalization of $28.52 million, a PE ratio of -139.82 and a beta of 0.92. The firm’s 50-day moving average is $76.68 and its 200-day moving average is $75.07.

JPMorgan Active Developing Markets Equity ETF Company Profile

The JPMorgan Active Developing Markets Equity ETF (JADE) is an exchange-traded fund that mostly invests in total market equity. The fund is a pure actively managed ETF, investing in equities and equity-related securities tied to emerging markets. The fund is focused on both growth and value stocks, aiming for long-term growth of capital JADE was launched on May 16, 2024 and is issued by JPMorgan Chase.