JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Up 163.3% in May

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,901 shares, a growth of 163.3% from the April 30th total of 3,001 shares. Based on an average daily trading volume, of 19,795 shares, the short-interest ratio is presently 0.4 days. Currently, 0.1% of the shares of the company are sold short.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Performance

Shares of NYSEARCA JPEM traded down $0.01 during mid-day trading on Monday, hitting $64.72. The stock had a trading volume of 1,433 shares, compared to its average volume of 26,601. The company has a 50 day moving average of $64.11 and a two-hundred day moving average of $63.23. JPMorgan Diversified Return Emerging Markets Equity ETF has a twelve month low of $54.39 and a twelve month high of $67.40. The firm has a market cap of $388.32 million, a PE ratio of 11.40 and a beta of 0.47.

Institutional Investors Weigh In On JPMorgan Diversified Return Emerging Markets Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Aptus Capital Advisors LLC raised its holdings in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 475.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 575 shares of the company’s stock worth $35,000 after purchasing an additional 475 shares during the last quarter. Richards Merrill & Peterson Inc. acquired a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the 1st quarter worth about $53,000. CWM LLC purchased a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF during the 4th quarter valued at about $59,000. Farther Finance Advisors LLC raised its stake in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 126.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,248 shares of the company’s stock valued at $76,000 after buying an additional 696 shares during the last quarter. Finally, First Horizon Corp acquired a new position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF in the 4th quarter valued at about $83,000.

JPMorgan Diversified Return Emerging Markets Equity ETF Company Profile

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.