JPMorgan International Value ETF (NASDAQ:JIVE) Short Interest Down 94.0% in May

JPMorgan International Value ETF (NASDAQ:JIVE) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 62,722 shares, a decrease of 94.0% from the April 30th total of 1,048,900 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily volume of 292,595 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of JPMorgan International Value ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. LPL Financial LLC grew its stake in JPMorgan International Value ETF by 20.7% during the fourth quarter. LPL Financial LLC now owns 1,724,611 shares of the software maker’s stock valued at $138,449,000 after acquiring an additional 295,833 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan International Value ETF by 26.3% during the third quarter. Envestnet Asset Management Inc. now owns 1,433,373 shares of the software maker’s stock valued at $108,076,000 after acquiring an additional 298,349 shares in the last quarter. RiverFront Investment Group LLC grew its stake in JPMorgan International Value ETF by 4.2% during the fourth quarter. RiverFront Investment Group LLC now owns 1,409,592 shares of the software maker’s stock valued at $113,160,000 after acquiring an additional 57,349 shares in the last quarter. Bank of America Corp DE grew its stake in JPMorgan International Value ETF by 2,197.2% during the first quarter. Bank of America Corp DE now owns 1,165,983 shares of the software maker’s stock valued at $99,855,000 after acquiring an additional 1,115,227 shares in the last quarter. Finally, Osaic Holdings Inc. grew its stake in JPMorgan International Value ETF by 48.0% during the fourth quarter. Osaic Holdings Inc. now owns 723,516 shares of the software maker’s stock valued at $58,084,000 after acquiring an additional 234,583 shares in the last quarter. 65.36% of the stock is owned by hedge funds and other institutional investors.

JPMorgan International Value ETF Stock Performance

Shares of NASDAQ JIVE traded down $0.58 during midday trading on Wednesday, reaching $92.65. The stock had a trading volume of 227,539 shares, compared to its average volume of 339,282. The stock has a 50-day moving average of $88.96 and a 200-day moving average of $85.32. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of -842.27 and a beta of 0.46. JPMorgan International Value ETF has a 12-month low of $66.19 and a 12-month high of $93.44.

About JPMorgan International Value ETF

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.