Short Interest in JPMorgan Active China ETF (NYSEARCA:JCHI) Decreases By 39.2%

JPMorgan Active China ETF (NYSEARCA:JCHI) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 3,207 shares, a decline of 39.2% from the July 15th total of 5,279 shares. Based on an average trading volume of 576 shares, the days-to-cover ratio is presently 5.6 days. Approximately 1.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in JPMorgan Active China ETF stock. OLD Mission Capital LLC bought a new position in shares of JPMorgan Active China ETF (NYSEARCA:JCHI) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 36,290 shares of the company’s stock, valued at approximately $1,986,000. OLD Mission Capital LLC owned approximately 12.96% of JPMorgan Active China ETF as of its most recent SEC filing.

JPMorgan Active China ETF Price Performance

NYSEARCA:JCHI opened at $54.70 on Wednesday. JPMorgan Active China ETF has a one year low of $50.85 and a one year high of $60.65. The company has a fifty day moving average price of $53.77 and a 200 day moving average price of $54.31. The stock has a market cap of $15.32 million, a P/E ratio of 15.29 and a beta of 0.45.

JPMorgan Active China ETF Company Profile

The J.P. Morgan Exchange-Traded Fund Trust – JPMorgan Active China ETF (JCHI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process JCHI was launched on Mar 15, 2023 and is managed by JPMorgan Chase.