Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Increases By 505.1%

JPMorgan International Value ETF (NASDAQ:JIVE) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 379,538 shares, an increase of 505.1% from the May 14th total of 62,722 shares. Approximately 1.5% of the company’s stock are sold short. Based on an average trading volume of 345,140 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On JPMorgan International Value ETF

Several large investors have recently made changes to their positions in JIVE. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan International Value ETF in the 4th quarter valued at approximately $29,000. Wells Fargo & Company MN bought a new stake in shares of JPMorgan International Value ETF in the 4th quarter valued at approximately $37,000. Advisory Services Network LLC bought a new stake in shares of JPMorgan International Value ETF in the 3rd quarter valued at approximately $39,000. Ancora Advisors LLC bought a new stake in shares of JPMorgan International Value ETF in the 3rd quarter valued at approximately $47,000. Finally, Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan International Value ETF in the 3rd quarter valued at approximately $48,000. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Stock Performance

Shares of NASDAQ:JIVE traded up $0.64 during midday trading on Friday, hitting $93.65. 125,548 shares of the stock were exchanged, compared to its average volume of 343,896. The company has a market capitalization of $2.38 billion, a PE ratio of -851.36 and a beta of 0.45. JPMorgan International Value ETF has a 52-week low of $66.41 and a 52-week high of $93.99. The business’s fifty day simple moving average is $90.71 and its two-hundred day simple moving average is $86.43.

About JPMorgan International Value ETF

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.