JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Short Interest Down 52.0% in January

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 8,349 shares, a decline of 52.0% from the January 15th total of 17,376 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 5,759 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 5,759 shares, the short-interest ratio is presently 1.4 days. Approximately 0.3% of the shares of the stock are sold short.

Hedge Funds Weigh In On JPMorgan Diversified Return U.S. Equity ETF

Hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. purchased a new stake in shares of JPMorgan Diversified Return U.S. Equity ETF during the second quarter valued at $25,000. Horizon Investments LLC purchased a new position in JPMorgan Diversified Return U.S. Equity ETF in the 3rd quarter worth about $37,000. Harbor Asset Planning Inc. acquired a new stake in JPMorgan Diversified Return U.S. Equity ETF during the 4th quarter worth about $49,000. CIBC Private Wealth Group LLC purchased a new stake in JPMorgan Diversified Return U.S. Equity ETF during the fourth quarter valued at about $91,000. Finally, Advisory Services Network LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Equity ETF in the third quarter worth about $115,000.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.5%

NYSEARCA:JPUS traded down $0.63 during trading hours on Thursday, reaching $134.77. 2,649 shares of the company’s stock were exchanged, compared to its average volume of 8,584. The company has a market capitalization of $417.79 million, a P/E ratio of 17.74 and a beta of 0.87. JPMorgan Diversified Return U.S. Equity ETF has a 12 month low of $101.63 and a 12 month high of $136.15. The business’s 50-day simple moving average is $127.47 and its two-hundred day simple moving average is $124.20.

JPMorgan Diversified Return U.S. Equity ETF Company Profile

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.