JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) Short Interest Down 33.6% in December

JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 26,401 shares, a decrease of 33.6% from the December 15th total of 39,745 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily trading volume, of 40,790 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 40,790 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

JPMorgan Sustainable Municipal Income ETF Stock Down 0.1%

Shares of JMSI stock traded down $0.06 during trading hours on Friday, hitting $50.63. 25,862 shares of the company were exchanged, compared to its average volume of 25,506. JPMorgan Sustainable Municipal Income ETF has a 52 week low of $47.72 and a 52 week high of $51.35. The business has a 50 day moving average of $50.47 and a two-hundred day moving average of $49.98.

Institutional Trading of JPMorgan Sustainable Municipal Income ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Rossby Financial LCC bought a new stake in shares of JPMorgan Sustainable Municipal Income ETF in the third quarter valued at about $31,000. Allworth Financial LP bought a new position in shares of JPMorgan Sustainable Municipal Income ETF during the third quarter worth about $39,000. Triumph Capital Management acquired a new stake in JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at approximately $64,000. Root Financial Partners LLC bought a new stake in JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at approximately $87,000. Finally, IFP Advisors Inc lifted its stake in JPMorgan Sustainable Municipal Income ETF by 1,540.0% in the 3rd quarter. IFP Advisors Inc now owns 2,542 shares of the company’s stock valued at $128,000 after acquiring an additional 2,387 shares in the last quarter.

JPMorgan Sustainable Municipal Income ETF Company Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.