Short Interest in JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) Grows By 124.0%

JPMorgan Small & Mid Cap Enhanced Equity ETF (NYSEARCA:JMEE) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 211,313 shares, an increase of 124.0% from the May 14th total of 94,321 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 122,964 shares, the short-interest ratio is currently 1.7 days.

Institutional Trading of JPMorgan Small & Mid Cap Enhanced Equity ETF

Institutional investors have recently bought and sold shares of the company. Smartleaf Asset Management LLC acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $26,000. Fifth Third Bancorp acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $27,000. Main Street Group LTD acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the third quarter valued at $30,000. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the first quarter valued at $38,000. Finally, Godsey & Gibb Inc. acquired a new stake in JPMorgan Small & Mid Cap Enhanced Equity ETF during the fourth quarter valued at $45,000.

JPMorgan Small & Mid Cap Enhanced Equity ETF Trading Up 0.8%

JMEE opened at $76.46 on Friday. The stock has a market cap of $2.78 billion, a price-to-earnings ratio of 17.83 and a beta of 1.04. JPMorgan Small & Mid Cap Enhanced Equity ETF has a 1 year low of $57.14 and a 1 year high of $76.87. The stock has a fifty day moving average price of $72.58 and a 200 day moving average price of $69.08.

About JPMorgan Small & Mid Cap Enhanced Equity ETF

The JPMorgan Market Expansion Enhanced Equity ETF (JMEE) is an exchange-traded fund that is based on the S&P 1000 index. The fund is an actively managed portfolio of small- and mid-cap US stocks and REITs. The fund uses a proprietary selection and weighting criteria, aiming to modestly outperform the total return of the S&P 1000 Index. JMEE was launched on May 6, 2022 and is managed by JPMorgan Chase.