JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) Shares Shorted: Short Interest Up 175.1% in September

JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) was the recipient of a large growth in short interest in September. As of September 15th, there was short interest totaling 348,849 shares, a growth of 175.1% from the August 31st total of 126,804 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 585,560 shares, the days-to-cover ratio is presently 0.6 days.

JPMorgan U.S. Quality Factor ETF Trading Down 0.6%

JQUA stock opened at $73.86 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.70 and a 12-month high of $75.64. The business’s 50-day moving average is $73.85 and its 200 day moving average is $69.81. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91.

Institutional Trading of JPMorgan U.S. Quality Factor ETF

Large investors have recently bought and sold shares of the business. Operose Advisors LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares during the last quarter. Harbour Investments Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 16.6% during the fourth quarter. Harbour Investments Inc. now owns 2,073 shares of the company’s stock worth $131,000 after purchasing an additional 295 shares during the last quarter. Lavaca Capital LLC increased its position in JPMorgan U.S. Quality Factor ETF by 24.2% during the first quarter. Lavaca Capital LLC now owns 2,409 shares of the company’s stock worth $148,000 after purchasing an additional 470 shares during the last quarter. Mayflower Financial Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the first quarter worth about $205,000. Finally, Axis Wealth Partners LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 4.9% during the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock worth $214,000 after purchasing an additional 164 shares during the period.

About JPMorgan U.S. Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.