JPMorgan International Value ETF (NASDAQ:JIVE) Sees Significant Increase in Short Interest

JPMorgan International Value ETF (NASDAQ:JIVE) was the recipient of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,048,900 shares, a growth of 1,907.0% from the April 15th total of 52,261 shares. Based on an average daily trading volume, of 469,903 shares, the short-interest ratio is currently 2.2 days. Approximately 4.1% of the company’s stock are short sold.

Institutional Investors Weigh In On JPMorgan International Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Clarity Asset Management Inc. bought a new stake in shares of JPMorgan International Value ETF during the 4th quarter valued at about $29,000. Geneos Wealth Management Inc. acquired a new position in JPMorgan International Value ETF during the 3rd quarter worth $30,000. Wells Fargo & Company MN acquired a new position in JPMorgan International Value ETF during the 4th quarter worth $37,000. Advisory Services Network LLC acquired a new position in JPMorgan International Value ETF during the 3rd quarter worth $39,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of JPMorgan International Value ETF in the 3rd quarter worth approximately $40,000. Institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Price Performance

JPMorgan International Value ETF stock traded up $0.46 during midday trading on Wednesday, hitting $91.97. 155,990 shares of the stock were exchanged, compared to its average volume of 341,787. The company has a 50 day moving average price of $87.83 and a two-hundred day moving average price of $84.12. The firm has a market cap of $2.34 billion, a P/E ratio of -836.09 and a beta of 0.46. JPMorgan International Value ETF has a 1 year low of $64.70 and a 1 year high of $92.62.

JPMorgan International Value ETF Company Profile

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.