Short Interest in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Grows By 32.7%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the recipient of a significant growth in short interest in the month of January. As of January 30th, there was short interest totaling 11,311 shares, a growth of 32.7% from the January 15th total of 8,525 shares. Based on an average trading volume of 9,628 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 9,628 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Mid Cap Equity ETF

A number of institutional investors have recently made changes to their positions in JPME. MAI Capital Management grew its stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% in the third quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after acquiring an additional 133 shares during the period. Farther Finance Advisors LLC lifted its position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% during the fourth quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock valued at $86,000 after purchasing an additional 619 shares during the period. Private Trust Co. NA boosted its holdings in JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% in the third quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after purchasing an additional 634 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth approximately $220,000. Finally, Luts & Greenleigh Group Inc. bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 3rd quarter worth approximately $222,000.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Stock Up 1.0%

Shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock opened at $118.43 on Monday. The business has a 50 day moving average of $112.29 and a 200 day moving average of $109.10. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 52 week low of $87.85 and a 52 week high of $119.36. The company has a market cap of $420.43 million, a PE ratio of 17.00 and a beta of 0.95.

About JPMorgan Diversified Return U.S. Mid Cap Equity ETF

The JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of mid-cap US stocks selected using relative value, momentum and quality factors, and for equal risk contribution by sector. JPME was launched on May 11, 2016 and is managed by JPMorgan Chase.