JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) Sees Significant Growth in Short Interest

JPMorgan International Research Enhanced Equity ETF (NYSEARCA:JIRE) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 289,535 shares, a growth of 63.4% from the July 30th total of 177,187 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 290,140 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On JPMorgan International Research Enhanced Equity ETF

Large investors have recently bought and sold shares of the stock. Arax Advisory Partners acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF during the fourth quarter worth about $29,000. Oak Harbor Wealth Partners LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 4th quarter valued at about $35,000. Cornerstone Planning Group LLC acquired a new stake in shares of JPMorgan International Research Enhanced Equity ETF in the 1st quarter valued at about $38,000. Aptus Capital Advisors LLC grew its stake in JPMorgan International Research Enhanced Equity ETF by 434.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 566 shares of the company’s stock worth $42,000 after buying an additional 460 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan International Research Enhanced Equity ETF during the 4th quarter worth approximately $43,000.

JPMorgan International Research Enhanced Equity ETF Trading Down 0.9%

Shares of JPMorgan International Research Enhanced Equity ETF stock opened at $83.91 on Wednesday. The company has a fifty day simple moving average of $83.51 and a 200-day simple moving average of $80.84. The stock has a market cap of $11.24 billion, a price-to-earnings ratio of 16.04 and a beta of 0.77. JPMorgan International Research Enhanced Equity ETF has a 12-month low of $70.87 and a 12-month high of $86.07.

JPMorgan International Research Enhanced Equity ETF Company Profile

The JPMorgan International Research Enhanced Equity ETF (JIRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to stocks of any market capitalization from developed markets, excluding North America. JIRE was launched on Jun 10, 2022 and is managed by JPMorgan Chase.