JPMorgan Equity Focus ETF (NASDAQ:JPEF) Sees Significant Increase in Short Interest

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 13,283 shares, an increase of 79.2% from the November 30th total of 7,413 shares. Based on an average daily trading volume, of 62,067 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 62,067 shares, the short-interest ratio is currently 0.2 days.

JPMorgan Equity Focus ETF Price Performance

NASDAQ JPEF opened at $75.24 on Tuesday. The stock’s 50 day simple moving average is $74.95 and its 200-day simple moving average is $72.91. The company has a market cap of $1.63 billion, a PE ratio of 26.67 and a beta of 1.00. JPMorgan Equity Focus ETF has a 1-year low of $55.46 and a 1-year high of $76.28.

JPMorgan Equity Focus ETF Announces Dividend

The company also recently disclosed an annual dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were issued a $0.5228 dividend. The ex-dividend date was Tuesday, December 16th. This represents a yield of 70.0%.

Institutional Investors Weigh In On JPMorgan Equity Focus ETF

A number of hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in JPMorgan Equity Focus ETF during the second quarter worth about $33,000. Qube Research & Technologies Ltd acquired a new stake in JPMorgan Equity Focus ETF in the 3rd quarter valued at about $54,000. Farther Finance Advisors LLC purchased a new position in JPMorgan Equity Focus ETF in the 2nd quarter worth approximately $55,000. 3Chopt Investment Partners LLC lifted its stake in JPMorgan Equity Focus ETF by 122.1% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 1,877 shares of the company’s stock worth $132,000 after purchasing an additional 1,032 shares in the last quarter. Finally, Smith Shellnut Wilson LLC ADV acquired a new position in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth approximately $255,000.

About JPMorgan Equity Focus ETF

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.