Short Interest in JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Rises By 108.8%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 9,305 shares, an increase of 108.8% from the June 30th total of 4,456 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 21,883 shares, the short-interest ratio is currently 0.4 days.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Price Performance

JPME opened at $126.14 on Friday. The company has a market capitalization of $466.72 million, a price-to-earnings ratio of 17.00 and a beta of 0.88. The business’s 50-day moving average price is $123.85 and its two-hundred day moving average price is $119.39. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a 1 year low of $102.91 and a 1 year high of $127.32.

Institutional Trading of JPMorgan Diversified Return U.S. Mid Cap Equity ETF

A number of institutional investors have recently made changes to their positions in JPME. Fifth Third Bancorp bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 1st quarter worth about $33,000. Farther Finance Advisors LLC increased its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 355.7% in the fourth quarter. Farther Finance Advisors LLC now owns 793 shares of the company’s stock valued at $86,000 after acquiring an additional 619 shares during the last quarter. Gateway Wealth Partners LLC bought a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter worth about $226,000. ProCore Advisors LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the fourth quarter valued at approximately $226,000. Finally, Curry Webb Wealth Management LLC acquired a new position in JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the first quarter valued at approximately $241,000.

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.