JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totaling 3,334 shares, a growth of 36.8% from the December 15th total of 2,437 shares. Based on an average trading volume of 877 shares, the days-to-cover ratio is currently 3.8 days. Currently, 2.0% of the shares of the stock are short sold. Currently, 2.0% of the shares of the stock are short sold. Based on an average trading volume of 877 shares, the days-to-cover ratio is currently 3.8 days.

JPMorgan Dividend Leaders ETF Price Performance

Shares of JDIV traded up $0.03 during mid-day trading on Friday, hitting $55.25. The company’s stock had a trading volume of 159 shares, compared to its average volume of 451. The stock has a market capitalization of $9.39 million, a price-to-earnings ratio of 20.22 and a beta of 0.85. JPMorgan Dividend Leaders ETF has a fifty-two week low of $42.03 and a fifty-two week high of $55.32. The firm has a 50-day moving average price of $53.96 and a 200 day moving average price of $53.30.

JPMorgan Dividend Leaders ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were issued a dividend of $0.2158 per share. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, December 15th. This is a positive change from JPMorgan Dividend Leaders ETF’s previous quarterly dividend of $0.17.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. boosted its holdings in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Benjamin Edwards Inc. owned about 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 as of its most recent SEC filing.

About JPMorgan Dividend Leaders ETF

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.