Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Drops By 85.8%

JPMorgan International Value ETF (NASDAQ:JIVE) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 53,848 shares, a drop of 85.8% from the May 31st total of 379,538 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 324,871 shares, the days-to-cover ratio is presently 0.2 days.

JPMorgan International Value ETF Stock Down 0.4%

NASDAQ JIVE traded down $0.40 during trading on Friday, hitting $91.65. The stock had a trading volume of 495,229 shares, compared to its average volume of 343,517. The company has a market capitalization of $2.33 billion, a PE ratio of -833.18 and a beta of 0.45. The firm has a 50 day moving average price of $91.74 and a 200 day moving average price of $87.49. JPMorgan International Value ETF has a twelve month low of $68.78 and a twelve month high of $95.16.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Clarity Asset Management Inc. purchased a new stake in JPMorgan International Value ETF during the 4th quarter worth about $29,000. Wells Fargo & Company MN acquired a new position in JPMorgan International Value ETF in the fourth quarter valued at approximately $37,000. Advisory Services Network LLC acquired a new position in JPMorgan International Value ETF in the third quarter valued at approximately $39,000. Ancora Advisors LLC purchased a new position in JPMorgan International Value ETF in the third quarter valued at approximately $47,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in JPMorgan International Value ETF in the third quarter valued at approximately $48,000. 65.36% of the stock is owned by institutional investors and hedge funds.

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.