Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Expands By 78.9%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 17,000 shares, an increase of 78.9% from the May 31st total of 9,500 shares. Based on an average trading volume of 77,800 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of JPMorgan Equity Focus ETF

Several hedge funds and other institutional investors have recently modified their holdings of the business. Highlander Capital Management LLC purchased a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth about $51,000. Capital Advisors Ltd. LLC purchased a new stake in shares of JPMorgan Equity Focus ETF in the first quarter worth approximately $56,000. ICA Group Wealth Management LLC acquired a new stake in shares of JPMorgan Equity Focus ETF during the fourth quarter worth approximately $125,000. Private Advisor Group LLC purchased a new position in JPMorgan Equity Focus ETF during the fourth quarter valued at approximately $285,000. Finally, Synergy Asset Management LLC purchased a new position in JPMorgan Equity Focus ETF during the first quarter valued at approximately $335,000.

JPMorgan Equity Focus ETF Stock Performance

Shares of NASDAQ:JPEF traded down $0.20 during mid-day trading on Friday, hitting $62.36. The stock had a trading volume of 52,425 shares, compared to its average volume of 67,999. The company’s 50 day moving average is $60.08 and its 200-day moving average is $57.49. JPMorgan Equity Focus ETF has a 12-month low of $45.27 and a 12-month high of $63.04. The company has a market cap of $611.75 million, a PE ratio of 25.11 and a beta of 1.11.

JPMorgan Equity Focus ETF Company Profile

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.