Short Interest in JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Grows By 61.1%

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large increase in short interest in March. As of March 31st, there was short interest totaling 7,539 shares, an increase of 61.1% from the March 15th total of 4,679 shares. Based on an average daily trading volume, of 32,676 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at $33,000. Private Wealth Management Group LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 4th quarter valued at $63,000. Horizon Investments LLC boosted its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% in the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock valued at $65,000 after buying an additional 804 shares in the last quarter. Caldwell Trust Co acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 4th quarter worth $65,000. Finally, N.E.W. Advisory Services LLC boosted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 714.9% during the 4th quarter. N.E.W. Advisory Services LLC now owns 2,852 shares of the company’s stock worth $143,000 after purchasing an additional 2,502 shares during the period.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

Shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF stock traded up $0.41 during trading hours on Monday, hitting $55.31. The company had a trading volume of 11,858 shares, compared to its average volume of 26,173. The company’s 50-day moving average is $53.59 and its two-hundred day moving average is $51.77. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a twelve month low of $39.44 and a twelve month high of $55.40. The company has a market cap of $561.40 million, a P/E ratio of 15.86 and a beta of 1.00.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.