JPMorgan Equity Focus ETF (NASDAQ:JPEF) Shares Shorted: Short Interest Up 84.6% in October

by · The Cerbat Gem

JPMorgan Equity Focus ETF (NASDAQ:JPEF – Get Free Report) saw a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 41,946 shares, a growth of 84.6% from the September 30th total of 22,727 shares. Based on an average daily trading volume, of 64,727 shares, the short-interest ratio is currently 0.6 days. Currently, 0.2% of the company’s shares are sold short.

JPMorgan Equity Focus ETF Price Performance

NASDAQ JPEF traded down $0.49 during trading on Monday, reaching $80.30. 98,397 shares of the company’s stock were exchanged, compared to its average volume of 105,129. The stock has a market capitalization of $2.00 billion, a P/E ratio of 26.67 and a beta of 0.96. The business has a 50 day moving average price of $81.46 and a 200-day moving average price of $78.56. JPMorgan Equity Focus ETF has a fifty-two week low of $69.68 and a fifty-two week high of $83.41.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Godsey & Gibb Inc. bought a new stake in shares of JPMorgan Equity Focus ETF during the 3rd quarter worth $38,000. Ascentis Independent Advisors purchased a new position in shares of JPMorgan Equity Focus ETF in the 1st quarter worth about $55,000. Western Wealth Management LLC bought a new stake in JPMorgan Equity Focus ETF in the first quarter worth $62,000. Strategic Wealth Advisors LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the first quarter valued at approximately $76,000. Finally, Independent Financial Group LLC purchased a new stake in JPMorgan Equity Focus ETF in the 1st quarter worth approximately $231,000.

About JPMorgan Equity Focus ETF

(Get Free Report)

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.

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