JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Sees Large Increase in Short Interest

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totaling 607 shares, a growth of 806.0% from the December 15th total of 67 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 2,098 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily trading volume, of 2,098 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Hedge Funds Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A hedge fund recently raised its stake in JPMorgan U.S. Research Enhanced Large Cap ETF stock. Tower Research Capital LLC TRC boosted its stake in JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) by 714.3% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,068 shares of the company’s stock after acquiring an additional 20,235 shares during the period. Tower Research Capital LLC TRC owned 5.36% of JPMorgan U.S. Research Enhanced Large Cap ETF worth $1,388,000 as of its most recent SEC filing.

JPMorgan U.S. Research Enhanced Large Cap ETF Stock Performance

NYSEARCA JUSA traded down $0.18 during trading on Wednesday, reaching $62.56. 106 shares of the company’s stock were exchanged, compared to its average volume of 438. The stock has a market cap of $28.15 million, a P/E ratio of 26.08 and a beta of 1.00. The company has a 50 day moving average price of $61.51 and a two-hundred day moving average price of $59.75. JPMorgan U.S. Research Enhanced Large Cap ETF has a 1 year low of $43.82 and a 1 year high of $62.74.

About JPMorgan U.S. Research Enhanced Large Cap ETF

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.