JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Short Interest Up 758.6% in July

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 249 shares, an increase of 758.6% from the July 15th total of 29 shares. Based on an average daily trading volume, of 1,467 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Fundamental Data Science Mid Core ETF stock. Royal Bank of Canada raised its holdings in JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,213 shares of the company’s stock after acquiring an additional 224 shares during the period. Royal Bank of Canada owned about 6.84% of JPMorgan Fundamental Data Science Mid Core ETF worth $488,000 as of its most recent filing with the Securities and Exchange Commission.

JPMorgan Fundamental Data Science Mid Core ETF Stock Performance

NASDAQ MCDS remained flat at $69.90 during trading on Thursday. 394 shares of the company were exchanged, compared to its average volume of 329. JPMorgan Fundamental Data Science Mid Core ETF has a 52-week low of $55.63 and a 52-week high of $69.90. The company has a market capitalization of $8.39 million, a price-to-earnings ratio of 20.20 and a beta of 0.82. The firm’s fifty day moving average is $67.38 and its 200-day moving average is $63.89.

JPMorgan Fundamental Data Science Mid Core ETF Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were given a $0.168 dividend. The ex-dividend date was Tuesday, June 23rd. This represents a $0.67 dividend on an annualized basis and a dividend yield of 1.0%.

About JPMorgan Fundamental Data Science Mid Core ETF

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.