JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Large Increase in Short Interest

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the target of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 289,535 shares, an increase of 63.4% from the July 30th total of 177,187 shares. Based on an average daily trading volume, of 290,140 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.2% of the company’s stock are short sold.

JPMorgan International Research Enhanced Equity ETF Stock Performance

JPMorgan International Research Enhanced Equity ETF stock traded down $0.80 during mid-day trading on Tuesday, reaching $83.91. The stock had a trading volume of 288,544 shares, compared to its average volume of 489,992. The firm has a market capitalization of $11.24 billion, a PE ratio of 16.04 and a beta of 0.77. JPMorgan International Research Enhanced Equity ETF has a fifty-two week low of $70.87 and a fifty-two week high of $86.07. The stock’s 50-day simple moving average is $83.45 and its 200-day simple moving average is $80.83.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Cedar Mountain Advisors LLC grew its holdings in shares of JPMorgan International Research Enhanced Equity ETF by 3.5% during the first quarter. Cedar Mountain Advisors LLC now owns 4,163 shares of the company’s stock valued at $315,000 after buying an additional 142 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its position in JPMorgan International Research Enhanced Equity ETF by 2.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,893 shares of the company’s stock valued at $516,000 after acquiring an additional 145 shares in the last quarter. Harbour Investments Inc. lifted its position in JPMorgan International Research Enhanced Equity ETF by 2.9% in the 4th quarter. Harbour Investments Inc. now owns 5,617 shares of the company’s stock valued at $421,000 after acquiring an additional 156 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its stake in JPMorgan International Research Enhanced Equity ETF by 1.7% during the 4th quarter. Steward Partners Investment Advisory LLC now owns 11,307 shares of the company’s stock valued at $847,000 after purchasing an additional 189 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in JPMorgan International Research Enhanced Equity ETF by 37.5% during the 4th quarter. Aptus Capital Advisors LLC now owns 778 shares of the company’s stock valued at $58,000 after purchasing an additional 212 shares during the last quarter.

JPMorgan International Research Enhanced Equity ETF Company Profile

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.