Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Increases By 52.5%

JPMorgan International Growth ETF (NYSEARCA:JIG) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 32,228 shares, an increase of 52.5% from the February 12th total of 21,129 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 37,294 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily trading volume, of 37,294 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.8% of the company’s shares are short sold.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Several large investors have recently made changes to their positions in JIG. Vestmark Advisory Solutions Inc. acquired a new stake in shares of JPMorgan International Growth ETF in the third quarter valued at about $13,405,000. Park Avenue Securities LLC purchased a new stake in shares of JPMorgan International Growth ETF during the 3rd quarter valued at about $2,377,000. Envestnet Asset Management Inc. lifted its position in JPMorgan International Growth ETF by 2,998.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 267,833 shares of the company’s stock worth $20,179,000 after acquiring an additional 259,190 shares in the last quarter. Assetmark Inc. purchased a new position in shares of JPMorgan International Growth ETF in the third quarter valued at $7,865,000. Finally, Jones Financial Companies Lllp grew its holdings in JPMorgan International Growth ETF by 56.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 94,672 shares of the company’s stock valued at $7,038,000 after purchasing an additional 34,228 shares in the last quarter.

JPMorgan International Growth ETF Stock Down 1.1%

Shares of NYSEARCA JIG opened at $75.03 on Monday. The stock has a market capitalization of $303.87 million, a PE ratio of 24.51 and a beta of 0.93. The firm has a fifty day moving average of $78.13 and a 200-day moving average of $75.78. JPMorgan International Growth ETF has a 52-week low of $53.65 and a 52-week high of $82.13.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.