Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Rises By 80.9%

JPMorgan International Growth ETF (NYSEARCA:JIG) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 55,625 shares, a growth of 80.9% from the July 30th total of 30,752 shares. Based on an average daily trading volume, of 35,677 shares, the short-interest ratio is currently 1.6 days. Currently, 0.9% of the shares of the company are short sold.

Hedge Funds Weigh In On JPMorgan International Growth ETF

A number of large investors have recently bought and sold shares of JIG. Bank of America Corp DE increased its position in shares of JPMorgan International Growth ETF by 19,550.0% in the third quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares in the last quarter. Western Wealth Management LLC purchased a new position in shares of JPMorgan International Growth ETF during the 1st quarter valued at approximately $64,000. Farther Finance Advisors LLC lifted its position in shares of JPMorgan International Growth ETF by 86.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock valued at $100,000 after buying an additional 636 shares in the last quarter. GeoWealth Management LLC acquired a new stake in JPMorgan International Growth ETF in the 3rd quarter valued at $145,000. Finally, 3Chopt Investment Partners LLC grew its stake in JPMorgan International Growth ETF by 7.5% in the 4th quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock valued at $166,000 after acquiring an additional 157 shares during the period.

JPMorgan International Growth ETF Trading Down 0.5%

Shares of JPMorgan International Growth ETF stock traded down $0.46 during trading hours on Friday, reaching $85.39. The stock had a trading volume of 31,666 shares, compared to its average volume of 33,800. The stock’s 50 day moving average is $84.06 and its 200 day moving average is $81.58. JPMorgan International Growth ETF has a twelve month low of $70.77 and a twelve month high of $89.04. The firm has a market capitalization of $503.80 million, a PE ratio of 24.51 and a beta of 0.98.

JPMorgan International Growth ETF Company Profile

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.