JPMorgan Income ETF (NYSEARCA:JPIE) Stock Short Interest Report for October

JPMorgan Income ETF (NYSEARCA:JPIE) was the recipient of a large increase in short interest in October. As of October 30th, there was short interest totaling 515,886 shares, an increase of 253.7% from the October 15th total of 145,835 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,962,375 shares, the days-to-cover ratio is currently 0.3 days.

JPMorgan Income ETF Stock Down 0.1%

JPIE traded down $0.03 during trading on Friday, hitting $44.83. The company’s stock had a trading volume of 1,645,969 shares, compared to its average volume of 1,591,345. JPMorgan Income ETF has a twelve month low of $44.58 and a twelve month high of $46.61. The business’s fifty day simple moving average is $45.09 and its 200 day simple moving average is $45.81.

Institutional Investors Weigh In On JPMorgan Income ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. JSF Financial LLC lifted its position in JPMorgan Income ETF by 2.4% during the 3rd quarter. JSF Financial LLC now owns 9,530 shares of the company’s stock worth $428,000 after acquiring an additional 225 shares during the period. Nolet Wealth Management LLC grew its holdings in JPMorgan Income ETF by 0.6% in the third quarter. Nolet Wealth Management LLC now owns 45,637 shares of the company’s stock valued at $2,049,000 after purchasing an additional 253 shares during the last quarter. Archer Investment Corp increased its holdings in JPMorgan Income ETF by 9.1% during the 1st quarter. Archer Investment Corp now owns 3,577 shares of the company’s stock valued at $165,000 after acquiring an additional 297 shares in the last quarter. Birchwood Financial Partners Inc. lifted its stake in JPMorgan Income ETF by 1.6% in the 3rd quarter. Birchwood Financial Partners Inc. now owns 20,916 shares of the company’s stock valued at $939,000 after buying an additional 337 shares in the last quarter. Finally, Blue Chip Partners LLC increased its position in JPMorgan Income ETF by 0.3% during the 1st quarter. Blue Chip Partners LLC now owns 147,558 shares of the company’s stock worth $6,798,000 after purchasing an additional 494 shares in the last quarter.

About JPMorgan Income ETF

The JPMorgan Income ETF (JPIE) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively-managed fund that allocates exposure among various fixed income markets and sectors. The fund seeks to provide yield with lower volatility and aims to generate monthly distributions. JPIE was launched on Oct 28, 2021 and is managed by JPMorgan Chase.