JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) Short Interest Update

JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 5,794 shares, a growth of 88.3% from the May 14th total of 3,077 shares. Currently, 1.4% of the shares of the stock are short sold. Based on an average daily volume of 3,023 shares, the short-interest ratio is presently 1.9 days.

JPMorgan Active Developing Markets Equity ETF Stock Performance

Shares of JADE stock traded up $2.03 during trading hours on Monday, reaching $80.58. The company had a trading volume of 1,582 shares, compared to its average volume of 3,634. The stock has a fifty day moving average of $75.39 and a 200-day moving average of $69.71. The company has a market capitalization of $32.23 million, a price-to-earnings ratio of -158.00 and a beta of 0.80. JPMorgan Active Developing Markets Equity ETF has a 12-month low of $52.50 and a 12-month high of $81.67.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in JPMorgan Active Developing Markets Equity ETF stock. Assetmark Inc. purchased a new position in shares of JPMorgan Active Developing Markets Equity ETF (NYSEARCA:JADE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,081 shares of the company’s stock, valued at approximately $2,126,000. Assetmark Inc. owned approximately 8.02% of JPMorgan Active Developing Markets Equity ETF as of its most recent SEC filing. 29.47% of the stock is owned by institutional investors.

JPMorgan Active Developing Markets Equity ETF Company Profile

The JPMorgan Active Developing Markets Equity ETF (JADE) is an exchange-traded fund that mostly invests in total market equity. The fund is a pure actively managed ETF, investing in equities and equity-related securities tied to emerging markets. The fund is focused on both growth and value stocks, aiming for long-term growth of capital JADE was launched on May 16, 2024 and is issued by JPMorgan Chase.