JPMorgan Active China ETF (NYSEARCA:JCHI) Short Interest Down 39.2% in July

JPMorgan Active China ETF (NYSEARCA:JCHI) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,207 shares, a drop of 39.2% from the July 15th total of 5,279 shares. Currently, 1.1% of the shares of the stock are short sold. Based on an average daily volume of 576 shares, the days-to-cover ratio is presently 5.6 days.

Institutional Investors Weigh In On JPMorgan Active China ETF

An institutional investor recently bought a new stake in JPMorgan Active China ETF stock. OLD Mission Capital LLC purchased a new position in JPMorgan Active China ETF (NYSEARCA:JCHI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 36,290 shares of the company’s stock, valued at approximately $1,986,000. OLD Mission Capital LLC owned 12.96% of JPMorgan Active China ETF at the end of the most recent reporting period.

JPMorgan Active China ETF Price Performance

Shares of NYSEARCA JCHI remained flat at $54.86 during midday trading on Tuesday. 735 shares of the company traded hands, compared to its average volume of 850. The firm has a market cap of $15.36 million, a price-to-earnings ratio of 15.29 and a beta of 0.45. JPMorgan Active China ETF has a 12-month low of $50.85 and a 12-month high of $60.65. The firm has a fifty day simple moving average of $53.74 and a 200-day simple moving average of $54.33.

JPMorgan Active China ETF Company Profile

The J.P. Morgan Exchange-Traded Fund Trust – JPMorgan Active China ETF (JCHI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process JCHI was launched on Mar 15, 2023 and is managed by JPMorgan Chase.