JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Short Interest Up 264.8% in June

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 21,137 shares, an increase of 264.8% from the May 31st total of 5,794 shares. Approximately 5.3% of the company’s shares are sold short. Based on an average trading volume of 4,001 shares, the short-interest ratio is presently 5.3 days.

JPMorgan Active Developing Markets Equity ETF Stock Performance

Shares of NYSEARCA JADE traded down $0.70 during trading hours on Friday, hitting $78.39. The company’s stock had a trading volume of 432 shares, compared to its average volume of 3,601. JPMorgan Active Developing Markets Equity ETF has a 12 month low of $53.92 and a 12 month high of $82.75. The stock has a market cap of $31.36 million, a price-to-earnings ratio of -153.71 and a beta of 0.80. The business has a 50-day simple moving average of $77.14 and a 200-day simple moving average of $70.74.

Institutional Investors Weigh In On JPMorgan Active Developing Markets Equity ETF

A hedge fund recently bought a new stake in JPMorgan Active Developing Markets Equity ETF stock. Assetmark Inc. bought a new stake in shares of JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned 8.02% of JPMorgan Active Developing Markets Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC). 29.47% of the stock is currently owned by hedge funds and other institutional investors.

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.