JPMorgan International Value ETF (NASDAQ:JIVE) Short Interest Up 169.8% in March

JPMorgan International Value ETF (NASDAQ:JIVE) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 121,873 shares, an increase of 169.8% from the February 26th total of 45,174 shares. Based on an average daily trading volume, of 402,933 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.8% of the shares of the stock are sold short.

JPMorgan International Value ETF Stock Performance

Shares of JIVE stock traded down $0.39 during trading hours on Friday, hitting $83.11. The company had a trading volume of 199,528 shares, compared to its average volume of 337,029. JPMorgan International Value ETF has a 12 month low of $54.62 and a 12 month high of $92.33. The firm has a market capitalization of $1.31 billion, a price-to-earnings ratio of -755.55 and a beta of 0.41. The firm’s fifty day moving average is $87.19 and its 200 day moving average is $81.00.

Institutional Investors Weigh In On JPMorgan International Value ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Clarity Asset Management Inc. acquired a new stake in shares of JPMorgan International Value ETF during the 4th quarter worth about $29,000. Geneos Wealth Management Inc. bought a new stake in JPMorgan International Value ETF during the third quarter worth about $30,000. Wells Fargo & Company MN bought a new stake in JPMorgan International Value ETF during the fourth quarter worth about $37,000. Advisory Services Network LLC acquired a new stake in shares of JPMorgan International Value ETF during the third quarter worth approximately $39,000. Finally, Farther Finance Advisors LLC acquired a new stake in shares of JPMorgan International Value ETF during the third quarter worth approximately $40,000. Institutional investors and hedge funds own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.