Short Interest in JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Declines By 93.9%

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the recipient of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 36 shares, a decline of 93.9% from the August 15th total of 592 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 855 shares, the short-interest ratio is currently 0.0 days.

JPMorgan Active Small Cap Value ETF Stock Down 0.5%

Shares of NYSEARCA JPSV traded down $0.33 during midday trading on Thursday, reaching $68.24. The company had a trading volume of 485 shares, compared to its average volume of 628. The stock has a market cap of $27.30 million, a PE ratio of 15.78 and a beta of 0.82. JPMorgan Active Small Cap Value ETF has a one year low of $55.67 and a one year high of $72.05. The firm’s fifty day moving average price is $69.90 and its 200-day moving average price is $65.29.

Institutional Trading of JPMorgan Active Small Cap Value ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Opal Capital LLC bought a new position in shares of JPMorgan Active Small Cap Value ETF in the fourth quarter worth approximately $359,000. Royal Bank of Canada increased its stake in shares of JPMorgan Active Small Cap Value ETF by 7.3% in the first quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock worth $282,000 after buying an additional 345 shares during the period. Finally, Citadel Advisors LLC raised its holdings in JPMorgan Active Small Cap Value ETF by 8.7% during the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock valued at $239,000 after buying an additional 325 shares during the last quarter.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.