JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 13,942 shares, an increase of 147.1% from the May 14th total of 5,643 shares. Currently, 7.0% of the company’s stock are short sold. Based on an average trading volume of 3,916 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. raised its holdings in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 21,072 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. Benjamin Edwards Inc. owned approximately 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 as of its most recent filing with the SEC.

JPMorgan Dividend Leaders ETF Stock Performance

Shares of NYSEARCA:JDIV traded up $0.26 on Friday, hitting $56.51. 389 shares of the company’s stock were exchanged, compared to its average volume of 1,372. The firm’s 50-day moving average is $55.63 and its 200 day moving average is $54.86. The company has a market capitalization of $11.30 million, a PE ratio of 20.22 and a beta of 0.65. JPMorgan Dividend Leaders ETF has a 1-year low of $50.16 and a 1-year high of $57.03.

About JPMorgan Dividend Leaders ETF

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.