JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) Stock Short Interest Report for September

JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 21,846 shares, a growth of 2,597.0% from the September 15th total of 810 shares. Based on an average daily trading volume, of 162,730 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

JPMorgan Sustainable Municipal Income ETF Trading Up 0.7%

Shares of NYSEARCA JMSI opened at $47.37 on Friday. The company has a 50-day moving average price of $48.57 and a 200-day moving average price of $49.52. JPMorgan Sustainable Municipal Income ETF has a 1 year low of $46.79 and a 1 year high of $51.35.

Hedge Funds Weigh In On JPMorgan Sustainable Municipal Income ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Allworth Financial LP lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 6.4% in the second quarter. Allworth Financial LP now owns 8,302 shares of the company’s stock valued at $419,000 after purchasing an additional 502 shares in the last quarter. Citadel Advisors LLC bought a new stake in JPMorgan Sustainable Municipal Income ETF during the second quarter worth $497,000. NewEdge Advisors LLC grew its holdings in JPMorgan Sustainable Municipal Income ETF by 12.5% during the first quarter. NewEdge Advisors LLC now owns 19,287 shares of the company’s stock worth $960,000 after buying an additional 2,140 shares in the last quarter. Royal Bank of Canada raised its position in JPMorgan Sustainable Municipal Income ETF by 405.7% in the 1st quarter. Royal Bank of Canada now owns 2,407 shares of the company’s stock valued at $120,000 after buying an additional 1,931 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its position in JPMorgan Sustainable Municipal Income ETF by 8.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 228,612 shares of the company’s stock valued at $11,373,000 after buying an additional 18,179 shares during the last quarter.

JPMorgan Sustainable Municipal Income ETF Company Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.