JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Short Interest Down 76.0% in July

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 6,937 shares, a decline of 76.0% from the June 30th total of 28,856 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 2,799 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Trading of JPMorgan Active Developing Markets Equity ETF

Large investors have recently bought and sold shares of the company. Assetmark Inc. acquired a new stake in shares of JPMorgan Active Developing Markets Equity ETF during the first quarter valued at $2,126,000. Eclectic Associates Inc. ADV acquired a new position in JPMorgan Active Developing Markets Equity ETF in the 2nd quarter valued at about $960,000. Finally, Cooper Financial Group raised its stake in JPMorgan Active Developing Markets Equity ETF by 16.7% in the 2nd quarter. Cooper Financial Group now owns 14,948 shares of the company’s stock valued at $1,198,000 after purchasing an additional 2,141 shares during the last quarter. Institutional investors and hedge funds own 29.47% of the company’s stock.

JPMorgan Active Developing Markets Equity ETF Stock Down 1.8%

NYSEARCA JADE traded down $1.35 during mid-day trading on Friday, hitting $75.23. The stock had a trading volume of 6,836 shares, compared to its average volume of 3,482. The company has a 50 day simple moving average of $78.07 and a 200 day simple moving average of $72.83. The company has a market cap of $30.09 million, a price-to-earnings ratio of -147.51 and a beta of 0.80. JPMorgan Active Developing Markets Equity ETF has a 52-week low of $53.92 and a 52-week high of $82.75.

About JPMorgan Active Developing Markets Equity ETF

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.