JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Up 164.0% in January

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 101,047 shares, a growth of 164.0% from the January 15th total of 38,277 shares. Based on an average trading volume of 32,519 shares, the days-to-cover ratio is presently 3.1 days. Approximately 1.6% of the shares of the stock are sold short. Approximately 1.6% of the shares of the stock are sold short. Based on an average trading volume of 32,519 shares, the days-to-cover ratio is presently 3.1 days.

Hedge Funds Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

A number of institutional investors have recently added to or reduced their stakes in JPEM. Royal Bank of Canada boosted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.1% during the 1st quarter. Royal Bank of Canada now owns 25,377 shares of the company’s stock valued at $1,338,000 after acquiring an additional 1,465 shares during the last quarter. Harbor Asset Planning Inc. acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter worth $134,000. SAM Advisors LLC raised its position in JPMorgan Diversified Return Emerging Markets Equity ETF by 2.9% in the second quarter. SAM Advisors LLC now owns 191,113 shares of the company’s stock valued at $10,781,000 after purchasing an additional 5,362 shares during the period. Cedar Point Capital Partners LLC lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 7.4% in the 2nd quarter. Cedar Point Capital Partners LLC now owns 28,133 shares of the company’s stock valued at $1,587,000 after purchasing an additional 1,932 shares during the last quarter. Finally, First Horizon Advisors Inc. lifted its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 6.1% in the 2nd quarter. First Horizon Advisors Inc. now owns 103,228 shares of the company’s stock valued at $5,823,000 after purchasing an additional 5,901 shares during the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Trading Down 0.5%

JPEM stock traded down $0.36 during midday trading on Thursday, reaching $66.10. The stock had a trading volume of 7,738 shares, compared to its average volume of 29,282. JPMorgan Diversified Return Emerging Markets Equity ETF has a 52-week low of $47.92 and a 52-week high of $66.78. The company has a market cap of $409.80 million, a price-to-earnings ratio of 11.40 and a beta of 0.52. The company’s fifty day simple moving average is $62.56 and its 200 day simple moving average is $60.23.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.