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

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) saw a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 249 shares, an increase of 758.6% from the July 15th total of 29 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,467 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

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

JPMorgan Fundamental Data Science Mid Core ETF Trading Down 0.0%

Shares of NASDAQ:MCDS traded down $0.00 on Wednesday, reaching $69.53. 90 shares of the company traded hands, compared to its average volume of 329. The business’s 50-day simple moving average is $67.31 and its 200 day simple moving average is $63.82. JPMorgan Fundamental Data Science Mid Core ETF has a 52 week low of $55.63 and a 52 week high of $69.53. The stock has a market capitalization of $8.34 million, a P/E ratio of 20.20 and a beta of 0.82.

JPMorgan Fundamental Data Science Mid Core ETF Announces Dividend

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

About JPMorgan Fundamental Data Science Mid Core ETF

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.