Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Drops By 31.4%

JPMorgan International Growth ETF (NYSEARCA:JIG) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 11,856 shares, a decline of 31.4% from the December 31st total of 17,285 shares. Based on an average daily volume of 18,141 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 18,141 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Several large investors have recently bought and sold shares of the business. Jane Street Group LLC lifted its position in JPMorgan International Growth ETF by 6.4% during the first quarter. Jane Street Group LLC now owns 5,254 shares of the company’s stock valued at $333,000 after purchasing an additional 318 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of JPMorgan International Growth ETF by 41.5% in the 2nd quarter. IFP Advisors Inc now owns 2,907 shares of the company’s stock valued at $208,000 after acquiring an additional 852 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan International Growth ETF by 60.1% in the second quarter. Cetera Investment Advisers now owns 41,173 shares of the company’s stock worth $2,944,000 after acquiring an additional 15,462 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in JPMorgan International Growth ETF in the second quarter worth about $7,451,000. Finally, Thrivent Financial for Lutherans purchased a new stake in JPMorgan International Growth ETF during the second quarter valued at approximately $813,000.

JPMorgan International Growth ETF Stock Down 1.8%

JPMorgan International Growth ETF stock traded down $1.41 during midday trading on Friday, reaching $77.50. 20,727 shares of the stock traded hands, compared to its average volume of 17,971. The stock has a market cap of $313.88 million, a P/E ratio of 24.51 and a beta of 0.93. The stock’s fifty day moving average is $75.12 and its 200-day moving average is $74.21. JPMorgan International Growth ETF has a 12 month low of $53.65 and a 12 month high of $79.47.

JPMorgan International Growth ETF Company Profile

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.