JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Short Interest Update

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 502,790 shares, an increase of 13,770.1% from the May 14th total of 3,625 shares. Approximately 91.4% of the company’s shares are sold short. Based on an average daily trading volume, of 359,543 shares, the days-to-cover ratio is currently 1.4 days.

Hedge Funds Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

A hedge fund recently raised its stake in JPMorgan U.S. Research Enhanced Large Cap ETF stock. Tower Research Capital LLC TRC raised its stake in shares of JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) by 714.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,068 shares of the company’s stock after acquiring an additional 20,235 shares during the quarter. Tower Research Capital LLC TRC owned approximately 5.36% of JPMorgan U.S. Research Enhanced Large Cap ETF worth $1,388,000 at the end of the most recent reporting period.

JPMorgan U.S. Research Enhanced Large Cap ETF Price Performance

Shares of JUSA traded down $0.10 during mid-day trading on Tuesday, reaching $66.22. 14,353 shares of the company’s stock traded hands, compared to its average volume of 60,270. The stock has a market cap of $36.42 million, a P/E ratio of 26.08 and a beta of 0.98. The stock’s 50-day moving average is $64.47 and its two-hundred day moving average is $62.62. JPMorgan U.S. Research Enhanced Large Cap ETF has a 12 month low of $53.96 and a 12 month high of $68.33.

JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.