JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) Short Interest Up 42.4% in December

JPMorgan Diversified Return U.S. Mid Cap Equity ETF (NYSEARCA:JPME) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 7,632 shares, an increase of 42.4% from the November 30th total of 5,361 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 8,630 shares, the days-to-cover ratio is presently 0.9 days. Based on an average daily volume of 8,630 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

JPMorgan Diversified Return U.S. Mid Cap Equity ETF Trading Down 0.1%

JPMorgan Diversified Return U.S. Mid Cap Equity ETF stock traded down $0.08 during trading hours on Tuesday, reaching $109.59. 5,610 shares of the stock were exchanged, compared to its average volume of 13,602. JPMorgan Diversified Return U.S. Mid Cap Equity ETF has a twelve month low of $87.85 and a twelve month high of $111.23. The company has a market cap of $378.09 million, a P/E ratio of 17.00 and a beta of 0.95. The stock has a 50 day moving average of $108.31 and a two-hundred day moving average of $106.99.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in JPME. Ameritas Advisory Services LLC acquired a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the 2nd quarter valued at $31,000. MAI Capital Management raised its holdings in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 48.4% during the 3rd quarter. MAI Capital Management now owns 408 shares of the company’s stock worth $44,000 after buying an additional 133 shares in the last quarter. Private Trust Co. NA lifted its position in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF by 119.4% during the 3rd quarter. Private Trust Co. NA now owns 1,165 shares of the company’s stock worth $126,000 after buying an additional 634 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Mid Cap Equity ETF during the 3rd quarter worth $220,000. Finally, Luts & Greenleigh Group Inc. acquired a new stake in JPMorgan Diversified Return U.S. Mid Cap Equity ETF in the third quarter valued at about $222,000.

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.