JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (NASDAQ:HEQQ) Stock Short Interest Jumps 932.3%

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (NASDAQ:HEQQ) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 2,973 shares, an increase of 932.3% from the October 15th total of 288 shares. Based on an average daily volume of 1,489 shares, the days-to-cover ratio is presently 2.0 days. Approximately 0.6% of the company’s stock are sold short.

Institutional Investors Weigh In On JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF

A hedge fund recently bought a new position in JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF stock. Brookstone Capital Management acquired a new stake in JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (NASDAQ:HEQQ) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 7,143 shares of the company’s stock, valued at approximately $446,000. Brookstone Capital Management owned about 1.43% of JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF at the end of the most recent quarter.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF Stock Performance

Shares of NASDAQ:HEQQ traded down $0.17 during trading on Tuesday, hitting $59.27. The company’s stock had a trading volume of 13 shares, compared to its average volume of 1,629. The company has a market capitalization of $29.63 million, a PE ratio of 26.12 and a beta of 0.66. JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF has a fifty-two week low of $55.32 and a fifty-two week high of $62.91. The business has a 50 day moving average price of $61.46 and a two-hundred day moving average price of $60.03.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Tuesday, September 22nd were issued a $0.0168 dividend. This represents a $0.07 dividend on an annualized basis and a yield of 0.1%. This is a negative change from JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF’s previous quarterly dividend of $0.0314. The ex-dividend date of this dividend was Tuesday, September 22nd.

JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF Company Profile

J P Morgan Exchange-Traded Fund Trust – JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF is an exchange traded fund launched and managed by J.P. Morgan Investment Management Inc. The fund invests in public equity markets of the United States. The fund invests in growth and value stocks of companies across diversified market capitalization. The fund employs proprietary research to create its portfolio. J P Morgan Exchange-Traded Fund Trust – JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF was formed on 2025 and is domiciled in the United States.