JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Short Interest Update

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the target of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 5,794 shares, a growth of 88.3% from the May 14th total of 3,077 shares. Based on an average trading volume of 3,023 shares, the days-to-cover ratio is presently 1.9 days. Approximately 1.4% of the shares of the stock are sold short.

JPMorgan Active Developing Markets Equity ETF Stock Up 0.1%

Shares of JPMorgan Active Developing Markets Equity ETF stock traded up $0.10 during mid-day trading on Friday, reaching $78.55. 2,692 shares of the stock traded hands, compared to its average volume of 3,654. The business has a 50-day moving average of $75.10 and a 200 day moving average of $69.57. JPMorgan Active Developing Markets Equity ETF has a fifty-two week low of $52.50 and a fifty-two week high of $81.67. The stock has a market capitalization of $31.42 million, a PE ratio of -154.02 and a beta of 0.80.

Hedge Funds Weigh In On JPMorgan Active Developing Markets Equity ETF

An institutional investor recently bought a new position in JPMorgan Active Developing Markets Equity ETF stock. Assetmark Inc. purchased a new stake in JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned approximately 8.02% of JPMorgan Active Developing Markets Equity ETF at the end of the most recent reporting period. 29.47% of the stock is currently owned by institutional investors and hedge funds.

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.