JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Sees Large Growth in Short Interest

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the target of a large increase in short interest during the month of March. As of March 13th, there was short interest totaling 183 shares, an increase of 47.6% from the February 26th total of 124 shares. Based on an average trading volume of 1,959 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

JPMorgan U.S. Research Enhanced Large Cap ETF Trading Down 1.6%

JUSA stock traded down $0.94 during trading on Friday, hitting $57.38. 94 shares of the company’s stock were exchanged, compared to its average volume of 2,605. The business has a 50-day moving average price of $61.44 and a two-hundred day moving average price of $61.19. The stock has a market capitalization of $26.97 million, a price-to-earnings ratio of 26.08 and a beta of 1.00. JPMorgan U.S. Research Enhanced Large Cap ETF has a 52-week low of $43.82 and a 52-week high of $63.05.

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

A hedge fund recently bought a new stake in JPMorgan U.S. Research Enhanced Large Cap ETF stock. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 6,341 shares of the company’s stock, valued at approximately $391,000. Goldman Sachs Group Inc. owned about 1.35% of JPMorgan U.S. Research Enhanced Large Cap ETF as of its most recent filing with the Securities & Exchange Commission.

About JPMorgan U.S. Research Enhanced Large Cap ETF

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.