JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) Short Interest Up 74.3% in December

JPMorgan Diversified Return Emerging Markets Equity ETF (NYSEARCA:JPEM) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 81,425 shares, a growth of 74.3% from the December 15th total of 46,727 shares. Currently, 1.3% of the company’s stock are short sold. Based on an average daily trading volume, of 18,421 shares, the days-to-cover ratio is presently 4.4 days. Based on an average daily trading volume, of 18,421 shares, the days-to-cover ratio is presently 4.4 days. Currently, 1.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE raised its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 52.4% during the 3rd quarter. Bank of America Corp DE now owns 323,089 shares of the company’s stock valued at $19,061,000 after purchasing an additional 111,074 shares during the period. Marshall Wace LLP increased its stake in JPMorgan Diversified Return Emerging Markets Equity ETF by 1,848.5% in the 2nd quarter. Marshall Wace LLP now owns 87,740 shares of the company’s stock worth $4,949,000 after buying an additional 83,237 shares in the last quarter. CW Advisors LLC bought a new stake in JPMorgan Diversified Return Emerging Markets Equity ETF during the second quarter valued at about $4,360,000. Tactive Advisors LLC lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 307.2% in the third quarter. Tactive Advisors LLC now owns 98,133 shares of the company’s stock valued at $5,789,000 after acquiring an additional 74,033 shares in the last quarter. Finally, Accel Wealth Management lifted its position in shares of JPMorgan Diversified Return Emerging Markets Equity ETF by 118.4% in the third quarter. Accel Wealth Management now owns 34,927 shares of the company’s stock valued at $2,061,000 after acquiring an additional 18,938 shares in the last quarter.

JPMorgan Diversified Return Emerging Markets Equity ETF Stock Up 0.6%

Shares of NYSEARCA JPEM traded up $0.39 during trading on Thursday, reaching $63.16. The company had a trading volume of 12,138 shares, compared to its average volume of 14,914. JPMorgan Diversified Return Emerging Markets Equity ETF has a 12-month low of $47.92 and a 12-month high of $63.26. The business’s 50-day moving average is $60.91 and its 200 day moving average is $59.15. The stock has a market cap of $391.59 million, a PE ratio of 11.40 and a beta of 0.52.

About JPMorgan Diversified Return Emerging Markets Equity ETF

The JPMorgan Diversified Return Emerging Markets Equity ETF (JPEM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of emerging market equities, selected by multiple factors. Stocks are weighted by market cap and inversely by risk relative to geographic and sector groupings. JPEM was launched on Jan 7, 2015 and is managed by JPMorgan Chase.