JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) Sees Large Growth in Short Interest

JPMorgan Diversified Return U.S. Equity ETF (NYSEARCA:JPUS) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 12,854 shares, an increase of 83.0% from the April 30th total of 7,025 shares. Currently, 0.4% of the shares of the company are short sold. Based on an average daily volume of 10,420 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Investors Weigh In On JPMorgan Diversified Return U.S. Equity ETF

A number of large investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 3.2% during the 3rd quarter. Bank of America Corp DE now owns 274,097 shares of the company’s stock valued at $33,963,000 after buying an additional 8,485 shares during the last quarter. Captrust Financial Advisors grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 2.1% during the 4th quarter. Captrust Financial Advisors now owns 224,867 shares of the company’s stock valued at $27,871,000 after buying an additional 4,600 shares during the last quarter. UBS Group AG grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 0.4% during the 4th quarter. UBS Group AG now owns 131,985 shares of the company’s stock valued at $16,359,000 after buying an additional 545 shares during the last quarter. Sterneck Capital Management LLC grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 3.5% during the 1st quarter. Sterneck Capital Management LLC now owns 92,122 shares of the company’s stock valued at $11,995,000 after buying an additional 3,098 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in JPMorgan Diversified Return U.S. Equity ETF by 8.8% during the 4th quarter. LPL Financial LLC now owns 69,305 shares of the company’s stock valued at $8,590,000 after buying an additional 5,577 shares during the last quarter.

JPMorgan Diversified Return U.S. Equity ETF Stock Down 0.5%

Shares of NYSEARCA JPUS opened at $136.24 on Tuesday. The stock has a market cap of $438.69 million, a PE ratio of 17.74 and a beta of 0.82. JPMorgan Diversified Return U.S. Equity ETF has a 52-week low of $114.79 and a 52-week high of $138.13. The business has a 50-day moving average price of $134.41 and a 200 day moving average price of $130.65.

About JPMorgan Diversified Return U.S. Equity ETF

The JPMorgan Diversified Return U.S. Equity ETF (JPUS) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of large-cap US stocks selected from the Russell 1000 using relative value, momentum, and quality factors. The fund is weighted for equal risk contribution at the sector level and holdings are equal-weighted within sectors. JPUS was launched on Sep 29, 2015 and is managed by JPMorgan Chase.