JPMorgan Active China ETF (NYSEARCA:JCHI – Get Free Report) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 17,347 shares, a growth of 406.3% from the August 15th total of 3,426 shares. Based on an average trading volume of 2,036 shares, the days-to-cover ratio is currently 8.5 days. Approximately 6.2% of the company’s stock are short sold.
JPMorgan Active China ETF Stock Performance
Shares of JCHI traded up $0.10 during trading hours on Friday, hitting $52.36. The company had a trading volume of 1,977 shares, compared to its average volume of 978. The stock has a market capitalization of $14.66 million, a price-to-earnings ratio of 15.29 and a beta of 0.44. The firm has a fifty day moving average price of $54.13 and a 200-day moving average price of $54.03. JPMorgan Active China ETF has a 52-week low of $50.85 and a 52-week high of $60.65.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in JPMorgan Active China ETF stock. OLD Mission Capital LLC purchased a new stake in shares of JPMorgan Active China ETF (NYSEARCA:JCHI – Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 36,290 shares of the company’s stock, valued at approximately $1,986,000. OLD Mission Capital LLC owned about 12.96% of JPMorgan Active China ETF as of its most recent SEC filing.
About JPMorgan Active China ETF
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.
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