JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Stock Short Interest Rises 76.8%

JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 17,016 shares, an increase of 76.8% from the September 15th total of 9,622 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 135,162 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Large investors have recently modified their holdings of the company. Bank of America Corp DE acquired a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the first quarter valued at $6,928,000. Integrated Wealth Concepts LLC raised its holdings in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 480.4% in the second quarter. Integrated Wealth Concepts LLC now owns 29,517 shares of the company’s stock valued at $1,886,000 after buying an additional 24,431 shares during the last quarter. Hopwood Nicholas Hunter acquired a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the second quarter worth about $1,615,000. Citadel Advisors LLC boosted its stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF by 91.1% during the second quarter. Citadel Advisors LLC now owns 33,277 shares of the company’s stock worth $2,126,000 after buying an additional 15,865 shares during the period. Finally, NewEdge Wealth LLC acquired a new stake in shares of JPMorgan ActiveBuilders Emerging Markets Equity ETF during the first quarter worth about $2,330,000.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Stock Down 1.9%

NASDAQ:JEMA traded down $1.13 during mid-day trading on Friday, reaching $58.39. 254,985 shares of the stock were exchanged, compared to its average volume of 126,796. The company has a 50 day simple moving average of $62.20 and a 200-day simple moving average of $60.84. The stock has a market capitalization of $1.65 billion, a P/E ratio of 15.19 and a beta of 0.77. JPMorgan ActiveBuilders Emerging Markets Equity ETF has a 1 year low of $47.17 and a 1 year high of $66.68.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Company Profile

The JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively-managed fund utilizing emerging market equity strategies across countries, regions, styles, and market capitalizations. JEMA was launched on Mar 10, 2021 and is managed by JPMorgan Chase.