JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Sees Significant Increase in Short Interest

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 29 shares, an increase of 625.0% from the June 30th total of 4 shares. Based on an average trading volume of 52 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

JPMorgan Fundamental Data Science Mid Core ETF Stock Up 0.7%

Shares of MCDS traded up $0.50 during trading hours on Friday, reaching $67.38. 2,219 shares of the company traded hands, compared to its average volume of 277. The stock has a market capitalization of $8.09 million, a PE ratio of 20.20 and a beta of 0.82. JPMorgan Fundamental Data Science Mid Core ETF has a fifty-two week low of $55.63 and a fifty-two week high of $67.95. The stock has a fifty day simple moving average of $66.34 and a 200 day simple moving average of $63.10.

JPMorgan Fundamental Data Science Mid Core ETF Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Tuesday, June 23rd were paid a $0.168 dividend. The ex-dividend date of this dividend was Tuesday, June 23rd. This represents a $0.67 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On JPMorgan Fundamental Data Science Mid Core ETF

An institutional investor recently raised its position in JPMorgan Fundamental Data Science Mid Core ETF stock. Royal Bank of Canada boosted its stake in JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 8,213 shares of the company’s stock after purchasing an additional 224 shares during the quarter. Royal Bank of Canada owned about 6.84% of JPMorgan Fundamental Data Science Mid Core ETF worth $488,000 as of its most recent filing with the SEC.

JPMorgan Fundamental Data Science Mid Core ETF Company Profile

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.