JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Up 47.6% in August

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 19,181 shares, a growth of 47.6% from the July 30th total of 12,998 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average trading volume of 12,402 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several large investors have recently bought and sold shares of JPSE. Horizon Investments LLC boosted its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 165.4% during the 4th quarter. Horizon Investments LLC now owns 1,290 shares of the company’s stock worth $65,000 after acquiring an additional 804 shares in the last quarter. Trademark Financial Management LLC acquired a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 1st quarter worth about $202,000. Money Concepts Capital Corp purchased a new stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the first quarter valued at about $223,000. Kestra Private Wealth Services LLC lifted its stake in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 6.0% during the first quarter. Kestra Private Wealth Services LLC now owns 6,396 shares of the company’s stock valued at $335,000 after buying an additional 362 shares in the last quarter. Finally, Titleist Asset Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the fourth quarter worth about $357,000.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Trading Up 1.0%

JPSE traded up $0.60 during midday trading on Wednesday, hitting $59.40. The company’s stock had a trading volume of 2,139 shares, compared to its average volume of 26,327. The firm has a 50-day moving average price of $59.88 and a two-hundred day moving average price of $57.17. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52-week low of $47.44 and a 52-week high of $61.27. The firm has a market cap of $592.81 million, a P/E ratio of 15.86 and a beta of 0.99.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Company Profile

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.