JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Shares Shorted: Short Interest Up 4,321.0% in October

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the target of a significant growth in short interest in October. As of October 30th, there was short interest totaling 510,798 shares, a growth of 4,321.0% from the October 15th total of 11,554 shares. Approximately 3.9% of the shares of the stock are sold short. Based on an average trading volume of 51,351 shares, the short-interest ratio is currently 9.9 days.

Institutional Investors Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. acquired a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter valued at $60,513,000. WealthPlan Investment Management LLC acquired a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF in the third quarter valued at $33,770,000. Park Avenue Securities LLC acquired a new stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF in the third quarter valued at $10,877,000. WealthPLAN Partners LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the third quarter valued at about $5,834,000. Finally, Fermata Advisors LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the third quarter valued at about $2,422,000.

JPMorgan U.S. Research Enhanced Large Cap ETF Price Performance

NYSEARCA JUSA opened at $68.11 on Thursday. JPMorgan U.S. Research Enhanced Large Cap ETF has a 12 month low of $57.20 and a 12 month high of $70.37. The firm has a market capitalization of $902.46 million, a PE ratio of 23.51 and a beta of 0.98. The company’s 50 day simple moving average is $68.65 and its 200 day simple moving average is $65.88.

JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.