JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Sees Significant Growth in Short Interest

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 18,362 shares, an increase of 364.7% from the November 30th total of 3,951 shares. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.6% of the shares of the stock are sold short. Currently, 0.6% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,408 shares, the days-to-cover ratio is currently 2.0 days.

Institutional Trading of JPMorgan Diversified Return U.S. Equity ETF

Institutional investors and hedge funds have recently modified their holdings of the business. PNC Financial Services Group Inc. acquired a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF in the second quarter valued at approximately $25,000. Horizon Investments LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF during the 3rd quarter worth approximately $37,000. Nova Wealth Management Inc. lifted its stake in JPMorgan Diversified Return U.S. Equity ETF by 141.9% in the 2nd quarter. Nova Wealth Management Inc. now owns 537 shares of the company’s stock valued at $63,000 after buying an additional 315 shares in the last quarter. Ameritas Advisory Services LLC acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the 2nd quarter valued at $105,000. Finally, Northwestern Mutual Wealth Management Co. increased its position in JPMorgan Diversified Return U.S. Equity ETF by 112.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 948 shares of the company’s stock worth $112,000 after buying an additional 502 shares in the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Up 0.3%

NYSEARCA:JPUS opened at $125.36 on Thursday. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $101.63 and a 52-week high of $126.17. The stock has a fifty day simple moving average of $123.56 and a 200-day simple moving average of $121.71. The company has a market capitalization of $397.39 million, a PE ratio of 17.74 and a beta of 0.87.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.