JPMorgan International Growth ETF (NYSEARCA:JIG) Stock Short Interest Declines 40.4%

JPMorgan International Growth ETF (NYSEARCA:JIG) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 33,842 shares, a decline of 40.4% from the August 31st total of 56,738 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily trading volume, of 23,984 shares, the days-to-cover ratio is presently 1.4 days.

Institutional Trading of JPMorgan International Growth ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of JPMorgan International Growth ETF during the second quarter worth $300,000. Envestnet Asset Management Inc. raised its stake in JPMorgan International Growth ETF by 5.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 313,705 shares of the company’s stock worth $27,347,000 after buying an additional 16,025 shares during the period. Capital Analysts LLC lifted its holdings in shares of JPMorgan International Growth ETF by 196.0% in the 2nd quarter. Capital Analysts LLC now owns 444 shares of the company’s stock worth $39,000 after purchasing an additional 294 shares in the last quarter. IFP Advisors Inc lifted its stake in shares of JPMorgan International Growth ETF by 15.7% in the second quarter. IFP Advisors Inc now owns 5,684 shares of the company’s stock valued at $496,000 after buying an additional 771 shares in the last quarter. Finally, MLG Wealth Management DBA Pine Grove Financial Group boosted its stake in JPMorgan International Growth ETF by 34.3% during the 2nd quarter. MLG Wealth Management DBA Pine Grove Financial Group now owns 7,278 shares of the company’s stock valued at $634,000 after purchasing an additional 1,859 shares during the last quarter.

JPMorgan International Growth ETF Stock Up 0.0%

Shares of NYSEARCA JIG traded up $0.02 during trading on Thursday, reaching $83.84. The company had a trading volume of 22,472 shares, compared to its average volume of 33,824. The stock has a market cap of $526.52 million, a P/E ratio of 24.51 and a beta of 0.98. The company’s fifty day moving average price is $84.06 and its 200-day moving average price is $82.43. JPMorgan International Growth ETF has a 12 month low of $70.96 and a 12 month high of $89.04.

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.