Short Interest in JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Grows By 11,633.3%

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) saw a large growth in short interest during the month of April. As of April 30th, there was short interest totaling 352 shares, a growth of 11,633.3% from the April 15th total of 3 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 245 shares, the short-interest ratio is presently 1.4 days.

JPMorgan Active Small Cap Value ETF Stock Down 0.8%

NYSEARCA:JPSV traded down $0.53 during mid-day trading on Monday, hitting $63.61. 15 shares of the stock traded hands, compared to its average volume of 571. The stock has a market capitalization of $25.44 million, a price-to-earnings ratio of 15.78 and a beta of 0.88. JPMorgan Active Small Cap Value ETF has a 52 week low of $54.68 and a 52 week high of $64.14. The firm’s 50 day moving average is $60.75 and its two-hundred day moving average is $59.83.

Hedge Funds Weigh In On JPMorgan Active Small Cap Value ETF

Several hedge funds have recently added to or reduced their stakes in JPSV. Royal Bank of Canada grew its stake in JPMorgan Active Small Cap Value ETF by 6.6% in the 4th quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock worth $187,000 after acquiring an additional 198 shares in the last quarter. Citadel Advisors LLC grew its stake in JPMorgan Active Small Cap Value ETF by 8.7% in the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock worth $239,000 after acquiring an additional 325 shares in the last quarter. Opal Capital LLC bought a new position in JPMorgan Active Small Cap Value ETF in the 4th quarter worth about $359,000. Finally, Geneos Wealth Management Inc. grew its stake in JPMorgan Active Small Cap Value ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock worth $8,658,000 after acquiring an additional 10,007 shares in the last quarter.

JPMorgan Active Small Cap Value ETF Company Profile

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.