Short Interest in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Rises By 147.1%

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 13,942 shares, an increase of 147.1% from the May 14th total of 5,643 shares. Approximately 7.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,916 shares, the days-to-cover ratio is currently 3.6 days.

Institutional Trading of JPMorgan Dividend Leaders ETF

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. boosted its position in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 21,072 shares of the company’s stock after buying an additional 1,279 shares during the quarter. Benjamin Edwards Inc. owned approximately 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 at the end of the most recent reporting period.

JPMorgan Dividend Leaders ETF Price Performance

JDIV stock traded up $0.26 during midday trading on Friday, hitting $56.51. 389 shares of the stock traded hands, compared to its average volume of 1,372. The firm has a market cap of $11.30 million, a P/E ratio of 20.22 and a beta of 0.65. The stock’s fifty day simple moving average is $55.63 and its 200-day simple moving average is $54.86. JPMorgan Dividend Leaders ETF has a 1-year low of $50.16 and a 1-year high of $57.03.

About JPMorgan Dividend Leaders ETF

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.