JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) was the recipient of a large decrease in short interest in the month of April. As of April 30th, there was short interest totaling 4,490 shares, a decrease of 58.3% from the April 15th total of 10,777 shares. Currently, 2.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,211 shares, the days-to-cover ratio is presently 3.7 days.

JPMorgan Dividend Leaders ETF Stock Performance

Shares of NYSEARCA JDIV traded down $0.87 during midday trading on Friday, hitting $55.17. 247 shares of the stock traded hands, compared to its average volume of 1,104. The firm has a 50-day moving average of $54.43 and a two-hundred day moving average of $54.49. The firm has a market capitalization of $11.03 million, a P/E ratio of 20.22 and a beta of 0.69. JPMorgan Dividend Leaders ETF has a one year low of $49.14 and a one year high of $56.79.

Institutional Investors Weigh In On JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. lifted its stake in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Benjamin Edwards Inc. owned 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 at the end of the most recent reporting period.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.