Short Interest in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Expands By 147.1%

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 13,942 shares, a growth of 147.1% from the May 14th total of 5,643 shares. Approximately 7.0% of the company’s stock are short sold. Based on an average daily volume of 3,916 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Trading of JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. raised its holdings in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,072 shares of the company’s stock after purchasing 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 SEC filing.

JPMorgan Dividend Leaders ETF Stock Up 0.5%

JDIV stock traded up $0.26 during midday trading on Friday, reaching $56.51. 389 shares of the company’s stock traded hands, compared to its average volume of 1,372. The company has a market cap of $11.30 million, a price-to-earnings ratio of 20.22 and a beta of 0.65. The firm’s fifty day moving average price is $55.63 and its 200-day moving average price is $54.86. JPMorgan Dividend Leaders ETF has a 52 week low of $50.16 and a 52 week high of $57.03.

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.