JPMorgan Equity Focus ETF (NASDAQ:JPEF) Stock Short Interest Falls 50.3%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant drop in short interest in the month of September. As of September 30th, there was short interest totaling 22,727 shares, a drop of 50.3% from the September 15th total of 45,719 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 53,533 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Godsey & Gibb Inc. bought a new position in JPMorgan Equity Focus ETF in the third quarter valued at approximately $38,000. Ascentis Independent Advisors acquired a new stake in JPMorgan Equity Focus ETF during the first quarter worth approximately $55,000. Western Wealth Management LLC bought a new stake in shares of JPMorgan Equity Focus ETF in the first quarter valued at about $62,000. Strategic Wealth Advisors LLC acquired a new position in JPMorgan Equity Focus ETF in the 1st quarter valued at $76,000. Finally, Independent Financial Group LLC acquired a new stake in shares of JPMorgan Equity Focus ETF during the 1st quarter worth approximately $231,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ:JPEF traded up $0.16 during midday trading on Thursday, hitting $81.89. 77,667 shares of the stock were exchanged, compared to its average volume of 107,619. The company has a market capitalization of $2.03 billion, a PE ratio of 26.67 and a beta of 0.96. JPMorgan Equity Focus ETF has a 52-week low of $69.68 and a 52-week high of $83.41. The business’s fifty day simple moving average is $81.69 and its two-hundred day simple moving average is $79.71.

JPMorgan Equity Focus ETF Company Profile

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.