JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Stock Short Interest Report for October

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 22,400 shares, an increase of 158.0% from the September 30th total of 8,682 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 15,828 shares, the days-to-cover ratio is presently 1.4 days.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Small Cap Equity ETF

Several large investors have recently bought and sold shares of the stock. Bank of America Corp DE raised its stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.4% during the 1st quarter. Bank of America Corp DE now owns 610,879 shares of the company’s stock worth $32,028,000 after purchasing an additional 25,608 shares during the period. Hartford Financial Management Inc. purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth about $18,302,000. Goldstein Advisors LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter worth about $14,166,000. Aprio Wealth Management LLC bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at about $14,048,000. Finally, Gerber Kawasaki Wealth & Investment Management bought a new position in JPMorgan Diversified Return U.S. Small Cap Equity ETF during the third quarter valued at about $10,882,000.

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

Shares of JPSE stock traded down $0.53 during trading hours on Friday, reaching $57.51. The company had a trading volume of 15,696 shares, compared to its average volume of 24,012. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 12 month low of $47.44 and a 12 month high of $61.27. The business has a fifty day simple moving average of $57.90 and a 200-day simple moving average of $56.91. The company has a market cap of $575.10 million, a price-to-earnings 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.