JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Up 169.8% in January

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 88,099 shares, a growth of 169.8% from the January 15th total of 32,659 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 246,409 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 246,409 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are short sold.

JPMorgan Global Select Equity ETF Stock Performance

Shares of JGLO traded down $0.04 during mid-day trading on Thursday, reaching $69.73. 9,225 shares of the company were exchanged, compared to its average volume of 193,810. The business has a 50 day simple moving average of $68.50 and a two-hundred day simple moving average of $67.61. JPMorgan Global Select Equity ETF has a 52 week low of $51.78 and a 52 week high of $70.14. The stock has a market capitalization of $7.07 billion, a PE ratio of 23.79 and a beta of 0.90.

JPMorgan Global Select Equity ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were issued a $0.8129 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a yield of 121.0%.

Institutional Trading of JPMorgan Global Select Equity ETF

Large investors have recently modified their holdings of the business. Comerica Bank boosted its position in JPMorgan Global Select Equity ETF by 279.3% during the first quarter. Comerica Bank now owns 1,358 shares of the company’s stock valued at $80,000 after buying an additional 1,000 shares during the period. CWM LLC lifted its stake in shares of JPMorgan Global Select Equity ETF by 137.0% during the 2nd quarter. CWM LLC now owns 26,774 shares of the company’s stock valued at $1,723,000 after buying an additional 15,479 shares in the last quarter. Arlington Financial Advisors LLC increased its stake in JPMorgan Global Select Equity ETF by 8.6% in the 2nd quarter. Arlington Financial Advisors LLC now owns 294,736 shares of the company’s stock worth $18,963,000 after buying an additional 23,273 shares in the last quarter. WealthPlan Investment Management LLC bought a new stake in JPMorgan Global Select Equity ETF during the second quarter valued at about $1,679,000. Finally, WBH Advisory Inc. purchased a new position in shares of JPMorgan Global Select Equity ETF in the second quarter valued at about $2,643,000.

About JPMorgan Global Select Equity ETF

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets. The selection process integrates ESG factors. JGLO was launched on Sep 13, 2023 and is issued by JPMorgan Chase.