JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Update

JPMorgan International Growth ETF (NYSEARCA:JIG) saw a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 20,568 shares, a decline of 66.0% from the June 30th total of 60,543 shares. Based on an average trading volume of 36,152 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.4% of the company’s stock are sold short.

JPMorgan International Growth ETF Price Performance

Shares of JPMorgan International Growth ETF stock traded up $0.37 during trading on Monday, hitting $80.98. 21,678 shares of the stock were exchanged, compared to its average volume of 34,460. JPMorgan International Growth ETF has a 12-month low of $69.26 and a 12-month high of $89.04. The stock has a market cap of $469.68 million, a price-to-earnings ratio of 24.51 and a beta of 0.97. The firm’s 50-day moving average price is $83.99 and its 200 day moving average price is $80.42.

Institutional Trading of JPMorgan International Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE increased its position in JPMorgan International Growth ETF by 19,550.0% during the third quarter. Bank of America Corp DE now owns 786 shares of the company’s stock worth $59,000 after buying an additional 782 shares during the period. Western Wealth Management LLC purchased a new position in JPMorgan International Growth ETF in the first quarter worth $64,000. Farther Finance Advisors LLC lifted its stake in shares of JPMorgan International Growth ETF by 86.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock valued at $100,000 after purchasing an additional 636 shares during the period. GeoWealth Management LLC acquired a new stake in shares of JPMorgan International Growth ETF during the 3rd quarter valued at approximately $145,000. Finally, 3Chopt Investment Partners LLC boosted its position in JPMorgan International Growth ETF by 7.5% during the fourth quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock worth $166,000 after purchasing an additional 157 shares in the last quarter.

JPMorgan International Growth ETF Company Profile

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.