JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) Short Interest Up 126.5% in August

JPMorgan Hedged Equity Laddered Overlay ETF (NYSEARCA:HELO) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 146,954 shares, an increase of 126.5% from the August 15th total of 64,879 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average trading volume of 277,234 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On JPMorgan Hedged Equity Laddered Overlay ETF

A number of large investors have recently modified their holdings of the stock. Pinnacle Bancorp Inc. bought a new position in JPMorgan Hedged Equity Laddered Overlay ETF in the first quarter worth about $29,000. Your Advocates Ltd. LLP purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF during the 1st quarter worth approximately $29,000. Markowski Investments bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 2nd quarter worth approximately $30,000. HHM Wealth Advisors LLC bought a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 1st quarter worth approximately $31,000. Finally, High Note Wealth LLC purchased a new position in shares of JPMorgan Hedged Equity Laddered Overlay ETF in the 4th quarter valued at approximately $41,000.

JPMorgan Hedged Equity Laddered Overlay ETF Stock Down 0.4%

Shares of HELO stock opened at $68.78 on Wednesday. The firm has a market capitalization of $4.65 billion, a price-to-earnings ratio of 25.99 and a beta of 0.56. The stock has a fifty day moving average of $68.95 and a 200 day moving average of $67.47. JPMorgan Hedged Equity Laddered Overlay ETF has a 52 week low of $63.24 and a 52 week high of $70.23.

About JPMorgan Hedged Equity Laddered Overlay ETF

The JPMorgan Hedged Equity Laddered Overlay ETF JPMorgan Hedged Equity Laddered Overlay ETF (HELO) is an exchange-traded fund that mostly invests in large cap equity. The fund actively manages a large-cap US equity portfolio with a laddered options overlay that seeks to provide downside protection, while foregoing some upside potential. The fund aims for enhanced risk-adjusted return over a full market cycle with lower volatility than traditional equity strategies HELO was launched on Sep 28, 2023 and is issued by JPMorgan Chase.