JPMorgan Active Value ETF (NYSEARCA:JAVA) Short Interest Up 226.8% in August

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 225,651 shares, a growth of 226.8% from the August 15th total of 69,052 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 376,627 shares, the days-to-cover ratio is presently 0.6 days.

JPMorgan Active Value ETF Stock Up 0.8%

Shares of NYSEARCA:JAVA traded up $0.66 during trading on Friday, reaching $82.22. 288,206 shares of the company traded hands, compared to its average volume of 430,135. JPMorgan Active Value ETF has a 1-year low of $67.14 and a 1-year high of $84.06. The firm has a fifty day simple moving average of $81.93 and a 200 day simple moving average of $77.82. The firm has a market cap of $7.04 billion, a P/E ratio of -90.35 and a beta of 0.77.

Institutional Trading of JPMorgan Active Value ETF

A number of institutional investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. boosted its holdings in JPMorgan Active Value ETF by 27.8% in the fourth quarter. JPMorgan Chase & Co. now owns 20,401,214 shares of the company’s stock worth $1,463,175,000 after purchasing an additional 4,437,690 shares in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Active Value ETF by 9.3% in the fourth quarter. LPL Financial LLC now owns 6,262,663 shares of the company’s stock worth $449,158,000 after purchasing an additional 531,461 shares during the period. Dynasty Wealth Management LLC increased its stake in shares of JPMorgan Active Value ETF by 27.0% in the fourth quarter. Dynasty Wealth Management LLC now owns 4,776,468 shares of the company’s stock worth $342,568,000 after purchasing an additional 1,014,584 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of JPMorgan Active Value ETF by 3.3% during the third quarter. Ameriprise Financial Inc. now owns 2,531,360 shares of the company’s stock worth $174,520,000 after buying an additional 81,880 shares during the last quarter. Finally, Morgan Stanley raised its stake in JPMorgan Active Value ETF by 9.9% during the 4th quarter. Morgan Stanley now owns 1,793,105 shares of the company’s stock valued at $128,602,000 after purchasing an additional 161,648 shares during the last quarter. 43.07% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Active Value ETF Company Profile

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.