JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Short Interest Up 39.8% in January

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the target of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 166,095 shares, a growth of 39.8% from the January 15th total of 118,787 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 723,108 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 723,108 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

JQUA traded up $0.42 during midday trading on Friday, hitting $63.75. The company’s stock had a trading volume of 2,229,001 shares, compared to its average volume of 754,147. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The firm has a 50-day moving average price of $63.91 and a two-hundred day moving average price of $62.77. The firm has a market cap of $7.55 billion, a P/E ratio of 23.86 and a beta of 0.93.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Institutional investors have recently made changes to their positions in the stock. Atlantic Union Bankshares Corp purchased a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at approximately $25,000. Operose Advisors LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $39,000. Harbour Investments Inc. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after buying an additional 190 shares during the period. Finally, Parkworth Wealth Management Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the second quarter worth about $55,000.

JPMorgan U.S. Quality Factor ETF Company Profile

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.