Short Interest in JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Expands By 294.2%

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) saw a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 37,520 shares, a growth of 294.2% from the July 15th total of 9,519 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 329,439 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A number of hedge funds have recently made changes to their positions in the business. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF in the 4th quarter worth about $391,000. Tower Research Capital LLC TRC increased its holdings in JPMorgan U.S. Research Enhanced Large Cap ETF by 714.3% during the third quarter. Tower Research Capital LLC TRC now owns 23,068 shares of the company’s stock worth $1,388,000 after buying an additional 20,235 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB purchased a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter worth about $1,500,000.

JPMorgan U.S. Research Enhanced Large Cap ETF Trading Up 0.1%

Shares of JPMorgan U.S. Research Enhanced Large Cap ETF stock opened at $69.72 on Thursday. The business’s fifty day simple moving average is $67.39 and its 200 day simple moving average is $64.51. JPMorgan U.S. Research Enhanced Large Cap ETF has a 12 month low of $57.20 and a 12 month high of $70.08. The firm has a market capitalization of $705.57 million, a P/E ratio of 26.08 and a beta of 0.97.

JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.