JPMorgan International Value ETF (NASDAQ:JIVE) Shares Shorted: Short Interest Down 51.8% in September

JPMorgan International Value ETF (NASDAQ:JIVE) saw a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 65,917 shares, a decline of 51.8% from the August 31st total of 136,871 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 337,746 shares, the days-to-cover ratio is currently 0.2 days.

JPMorgan International Value ETF Trading Down 0.8%

NASDAQ JIVE traded down $0.78 on Tuesday, reaching $96.13. 551,602 shares of the stock were exchanged, compared to its average volume of 337,848. JPMorgan International Value ETF has a one year low of $73.71 and a one year high of $100.21. The firm has a market capitalization of $4.01 billion, a PE ratio of -873.91 and a beta of 0.45. The company’s 50-day simple moving average is $97.19 and its two-hundred day simple moving average is $92.75.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Clarity Asset Management Inc. purchased a new stake in JPMorgan International Value ETF in the 4th quarter worth $29,000. Signature Equity Partners LLC bought a new stake in shares of JPMorgan International Value ETF during the first quarter valued at approximately $51,000. Rockefeller Capital Management L.P. purchased a new stake in JPMorgan International Value ETF in the 4th quarter worth $53,000. Allworth Financial LP purchased a new position in shares of JPMorgan International Value ETF during the second quarter valued at about $70,000. Finally, SHP Wealth Management purchased a new position in shares of JPMorgan International Value ETF during the fourth quarter valued at about $89,000. Hedge funds and other institutional investors own 65.36% of the company’s stock.

About JPMorgan International Value ETF

JPMorgan International Value ETF (NASDAQ: JIVE) is an exchange-traded fund managed by J.P. Morgan Asset Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located outside the United States.

JIVE uses an international value-investing approach, emphasizing companies that the portfolio management team believes are undervalued relative to their fundamentals or long-term growth prospects. Its portfolio may include businesses across developed and emerging markets and can provide exposure to multiple industries, countries and regions.

The ETF is designed for investors seeking diversified international equity exposure through a professionally managed portfolio.