JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Short Interest Up 92.2% in December

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 18,136 shares, an increase of 92.2% from the November 30th total of 9,436 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 14,584 shares, the days-to-cover ratio is presently 1.2 days. Based on an average daily volume of 14,584 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company’s shares are short sold.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

Shares of NYSEARCA JPSE remained flat at $51.16 on Friday. The stock had a trading volume of 24,327 shares, compared to its average volume of 29,837. The firm has a market cap of $520.81 million, a price-to-earnings ratio of 15.86 and a beta of 1.04. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a 52 week low of $37.66 and a 52 week high of $52.32. The company has a 50-day moving average price of $50.14 and a 200 day moving average price of $48.65.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Kestra Advisory Services LLC lifted its position in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 8.6% in the 1st quarter. Kestra Advisory Services LLC now owns 18,399 shares of the company’s stock valued at $802,000 after purchasing an additional 1,461 shares during the last quarter. Royal Bank of Canada grew its holdings in JPMorgan Diversified Return U.S. Small Cap Equity ETF by 2.1% during the first quarter. Royal Bank of Canada now owns 461,206 shares of the company’s stock worth $20,104,000 after acquiring an additional 9,355 shares during the period. Integrated Wealth Concepts LLC raised its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 4.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 64,618 shares of the company’s stock worth $2,817,000 after purchasing an additional 2,693 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 955.0% in the first quarter. Jones Financial Companies Lllp now owns 748,469 shares of the company’s stock valued at $32,626,000 after buying an additional 677,521 shares in the last quarter. Finally, Schmidt P J Investment Management Inc. lifted its position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF by 1.6% during the 1st quarter. Schmidt P J Investment Management Inc. now owns 22,798 shares of the company’s stock valued at $994,000 after acquiring an additional 363 shares during the last quarter.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.