JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Short Interest Update

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totaling 1,288,207 shares, a drop of 63.6% from the November 30th total of 3,540,795 shares. Based on an average daily trading volume, of 5,291,945 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,291,945 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Hershey Financial Advisers LLC bought a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $3,946,000. Crane Advisory LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 4.0% in the 3rd quarter. Crane Advisory LLC now owns 1,477,574 shares of the company’s stock worth $74,780,000 after purchasing an additional 56,362 shares during the last quarter. Strategent Financial LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.4% in the 2nd quarter. Strategent Financial LLC now owns 349,122 shares of the company’s stock valued at $17,694,000 after purchasing an additional 4,657 shares in the last quarter. San Luis Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 36.1% in the 2nd quarter. San Luis Wealth Advisors LLC now owns 674,498 shares of the company’s stock valued at $34,184,000 after purchasing an additional 179,002 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth about $7,715,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock traded up $0.02 on Friday, hitting $50.75. The company’s stock had a trading volume of 3,857,005 shares, compared to its average volume of 6,149,227. The company has a market capitalization of $34.28 billion, a P/E ratio of 110.33 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.78. The firm has a fifty day moving average price of $50.67 and a 200-day moving average price of $50.64.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.