JPMorgan Active Growth ETF (NYSEARCA:JGRO) Shares Shorted: Short Interest Down 61.7% in September

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw a large drop in short interest in September. As of September 30th, there was short interest totaling 80,234 shares, a drop of 61.7% from the September 15th total of 209,701 shares. Based on an average daily trading volume, of 558,843 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Trading of JPMorgan Active Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Community Bank N.A. acquired a new position in JPMorgan Active Growth ETF in the 2nd quarter worth approximately $59,000. Cornerstone Planning Group LLC purchased a new position in JPMorgan Active Growth ETF during the 1st quarter worth approximately $84,000. Portfolio Resources Advisor Group Inc. acquired a new stake in JPMorgan Active Growth ETF during the 4th quarter valued at approximately $117,000. Centaurus Financial Inc. acquired a new stake in JPMorgan Active Growth ETF during the 1st quarter valued at approximately $123,000. Finally, Capital Analysts LLC lifted its stake in JPMorgan Active Growth ETF by 33.6% during the 2nd quarter. Capital Analysts LLC now owns 1,729 shares of the company’s stock valued at $170,000 after acquiring an additional 435 shares during the period.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock traded down $0.13 during trading hours on Tuesday, hitting $97.44. The company had a trading volume of 486,402 shares, compared to its average volume of 581,946. The firm has a market cap of $10.17 billion, a P/E ratio of 35.50 and a beta of 1.09. The company has a 50-day moving average price of $95.51 and a two-hundred day moving average price of $94.38. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73.

JPMorgan Active Growth ETF Company Profile

The Jpmorgan Active Growth ETF (JGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to invest in US large-cap companies perceived to have strong earnings growth potential. JGRO was launched on Aug 8, 2022 and is managed by JPMorgan Chase.