JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 4,806 shares, an increase of 44.2% from the December 31st total of 3,334 shares. Based on an average trading volume of 498 shares, the short-interest ratio is currently 9.7 days. Approximately 2.8% of the company’s stock are sold short. Approximately 2.8% of the company’s stock are sold short. Based on an average trading volume of 498 shares, the short-interest ratio is currently 9.7 days.

Institutional Investors Weigh In On JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. grew its position in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,072 shares of the company’s stock after buying an additional 1,279 shares during the quarter. Benjamin Edwards Inc. owned 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

JPMorgan Dividend Leaders ETF Price Performance

JDIV stock opened at $54.91 on Friday. The stock has a market capitalization of $9.33 million, a P/E ratio of 20.22 and a beta of 0.85. JPMorgan Dividend Leaders ETF has a 1-year low of $42.03 and a 1-year high of $55.57. The business has a fifty day moving average price of $54.30 and a 200-day moving average price of $53.52.

JPMorgan Dividend Leaders ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were issued a dividend of $0.2158 per share. The ex-dividend date of this dividend was Monday, December 15th. This is a positive change from JPMorgan Dividend Leaders ETF’s previous quarterly dividend of $0.17. This represents a $0.86 annualized dividend and a dividend yield of 1.6%.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.