Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Increases By 1,907.0%

JPMorgan International Value ETF (NASDAQ:JIVE) was the target of a large growth in short interest in the month of April. As of April 30th, there was short interest totaling 1,048,900 shares, a growth of 1,907.0% from the April 15th total of 52,261 shares. Currently, 4.1% of the shares of the stock are sold short. Based on an average trading volume of 469,903 shares, the short-interest ratio is currently 2.2 days.

JPMorgan International Value ETF Stock Performance

JPMorgan International Value ETF stock traded up $0.37 during midday trading on Monday, reaching $92.39. 226,264 shares of the stock were exchanged, compared to its average volume of 345,964. The company’s fifty day moving average is $87.82 and its 200-day moving average is $83.78. The firm has a market cap of $2.35 billion, a PE ratio of -839.91 and a beta of 0.46. JPMorgan International Value ETF has a 52 week low of $64.25 and a 52 week high of $92.62.

Hedge Funds Weigh In On JPMorgan International Value ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JIVE. Clarity Asset Management Inc. purchased a new position in JPMorgan International Value ETF in the 4th quarter worth approximately $29,000. Geneos Wealth Management Inc. purchased a new position in JPMorgan International Value ETF in the 3rd quarter worth approximately $30,000. Wells Fargo & Company MN purchased a new position in JPMorgan International Value ETF in the 4th quarter worth approximately $37,000. Advisory Services Network LLC purchased a new position in JPMorgan International Value ETF in the 3rd quarter worth approximately $39,000. Finally, Farther Finance Advisors LLC purchased a new position in JPMorgan International Value ETF in the 3rd quarter worth approximately $40,000. Hedge funds and other institutional investors own 65.36% of the company’s stock.

JPMorgan International Value ETF Company Profile

Jive Software, Inc is engaged in providing software sales and services. The Company’s products are sold on a subscription basis, deployable in on-premise, hosted and cloud instances and used for internal or external communities. Its traditional enterprise software product offerings are based on the Jive platform (the Jive Platform), which is a communication and collaboration hub. It sells its Jive Platform across two communities: internally for employees within the enterprise and externally for customers and partners outside the enterprise.