JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Sees Significant Growth in Short Interest

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,837 shares, an increase of 128.2% from the December 15th total of 805 shares. Based on an average daily volume of 894 shares, the days-to-cover ratio is presently 2.1 days. Approximately 0.4% of the company’s shares are sold short. Approximately 0.4% of the company’s shares are sold short. Based on an average daily volume of 894 shares, the days-to-cover ratio is presently 2.1 days.

JPMorgan Active Small Cap Value ETF Price Performance

NYSEARCA JPSV traded down $0.25 during mid-day trading on Wednesday, reaching $59.79. 519 shares of the stock were exchanged, compared to its average volume of 190. The stock has a market cap of $24.51 million, a P/E ratio of 15.78 and a beta of 0.98. JPMorgan Active Small Cap Value ETF has a one year low of $48.81 and a one year high of $60.85. The stock has a 50 day simple moving average of $58.50 and a 200-day simple moving average of $58.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Citadel Advisors LLC lifted its stake in shares of JPMorgan Active Small Cap Value ETF by 8.7% in the third quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock valued at $239,000 after buying an additional 325 shares in the last quarter. Royal Bank of Canada boosted its stake in JPMorgan Active Small Cap Value ETF by 7.3% during the 1st quarter. Royal Bank of Canada now owns 5,097 shares of the company’s stock valued at $282,000 after purchasing an additional 345 shares during the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in JPMorgan Active Small Cap Value ETF by 10.6% during the 3rd quarter. Geneos Wealth Management Inc. now owns 139,244 shares of the company’s stock worth $8,169,000 after purchasing an additional 13,400 shares in 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.