JPMorgan International Growth ETF (NYSEARCA:JIG) Sees Significant Increase in Short Interest

JPMorgan International Growth ETF (NYSEARCA:JIG) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 17,285 shares, a growth of 102.0% from the December 15th total of 8,559 shares. Approximately 0.4% of the company’s shares are short sold. Based on an average daily volume of 21,387 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 21,387 shares, the short-interest ratio is presently 0.8 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On JPMorgan International Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in JIG. Sequoia Financial Advisors LLC increased its holdings in JPMorgan International Growth ETF by 3.9% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 4,869 shares of the company’s stock valued at $367,000 after purchasing an additional 184 shares in the last quarter. Jane Street Group LLC lifted its stake in shares of JPMorgan International Growth ETF by 6.4% during the first quarter. Jane Street Group LLC now owns 5,254 shares of the company’s stock worth $333,000 after purchasing an additional 318 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of JPMorgan International Growth ETF by 280.3% in the third quarter. Farther Finance Advisors LLC now owns 734 shares of the company’s stock worth $55,000 after buying an additional 541 shares during the period. Lake Street Private Wealth LLC grew its stake in shares of JPMorgan International Growth ETF by 14.6% in the fourth quarter. Lake Street Private Wealth LLC now owns 4,447 shares of the company’s stock valued at $326,000 after buying an additional 568 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of JPMorgan International Growth ETF by 19,550.0% in the third quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares in the last quarter.

JPMorgan International Growth ETF Stock Performance

JIG traded up $0.14 on Friday, reaching $77.29. 17,557 shares of the company’s stock were exchanged, compared to its average volume of 18,051. JPMorgan International Growth ETF has a twelve month low of $53.65 and a twelve month high of $77.78. The company’s 50 day moving average is $74.46 and its 200-day moving average is $73.75. The company has a market cap of $306.84 million, a price-to-earnings ratio of 24.51 and a beta of 0.93.

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.