JPMorgan International Growth ETF (NYSEARCA:JIG) Short Interest Down 24.9% in March

JPMorgan International Growth ETF (NYSEARCA:JIG) was the target of a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 24,194 shares, a decline of 24.9% from the February 26th total of 32,228 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily volume of 31,310 shares, the short-interest ratio is currently 0.8 days.

JPMorgan International Growth ETF Stock Performance

Shares of JPMorgan International Growth ETF stock traded down $0.61 on Monday, hitting $71.36. The company had a trading volume of 27,783 shares, compared to its average volume of 37,340. The stock has a market capitalization of $289.01 million, a price-to-earnings ratio of 24.51 and a beta of 0.93. JPMorgan International Growth ETF has a 1 year low of $53.65 and a 1 year high of $82.13. The stock has a 50 day moving average of $77.58 and a 200-day moving average of $75.92.

Institutional Investors Weigh In On JPMorgan International Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of JIG. GeoWealth Management LLC boosted its stake in JPMorgan International Growth ETF by 7.9% in the fourth quarter. GeoWealth Management LLC now owns 2,076 shares of the company’s stock valued at $152,000 after acquiring an additional 152 shares during the last quarter. 3Chopt Investment Partners LLC raised its holdings in shares of JPMorgan International Growth ETF by 7.5% in the 4th quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock worth $166,000 after purchasing an additional 157 shares during the period. SOL Capital Management CO lifted its stake in JPMorgan International Growth ETF by 1.7% in the fourth quarter. SOL Capital Management CO now owns 10,265 shares of the company’s stock valued at $753,000 after purchasing an additional 175 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in JPMorgan International Growth ETF by 3.9% during the third quarter. Sequoia Financial Advisors LLC now owns 4,869 shares of the company’s stock valued at $367,000 after purchasing an additional 184 shares during the period. Finally, Ascent Group LLC increased its position in JPMorgan International Growth ETF by 4.7% in the fourth quarter. Ascent Group LLC now owns 4,221 shares of the company’s stock worth $310,000 after buying an additional 189 shares during the last quarter.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.