JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Down 49.2% in July

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a significant decline in short interest in July. As of July 31st, there was short interest totaling 5,906 shares, a decline of 49.2% from the July 15th total of 11,636 shares. Based on an average trading volume of 5,125 shares, the short-interest ratio is currently 1.2 days. Approximately 0.2% of the company’s stock are short sold.

JPMorgan Diversified Return U.S. Equity ETF Stock Performance

Shares of JPMorgan Diversified Return U.S. Equity ETF stock traded down $0.39 during midday trading on Monday, hitting $145.16. The company had a trading volume of 12,046 shares, compared to its average volume of 9,070. The company has a 50 day moving average of $141.26 and a 200 day moving average of $136.65. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $120.16 and a 52-week high of $146.35. The stock has a market capitalization of $467.42 million, a P/E ratio of 17.74 and a beta of 0.80.

Institutional Trading of JPMorgan Diversified Return U.S. Equity ETF

Institutional investors have recently added to or reduced their stakes in the business. Horizon Investments LLC purchased a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the third quarter valued at $37,000. Cassaday & Co Wealth Management LLC purchased a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 1st quarter worth $83,000. CIBC Private Wealth Group LLC bought a new stake in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter valued at about $91,000. Advisory Services Network LLC bought a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 3rd quarter valued at approximately $115,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of JPMorgan Diversified Return U.S. Equity ETF by 112.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock worth $112,000 after purchasing an additional 502 shares in the last quarter.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.