Short Interest in JPMorgan Active Growth ETF (NYSEARCA:JGRO) Expands By 25.6%

by · The Cerbat Gem

JPMorgan Active Growth ETF (NYSEARCA:JGRO – Get Free Report) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 221,803 shares, an increase of 25.6% from the December 31st total of 176,609 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 576,836 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 576,836 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the stock are short sold.

JPMorgan Active Growth ETF Stock Down 1.6%

Shares of NYSEARCA JGRO traded down $1.44 during mid-day trading on Wednesday, hitting $88.71. 329,541 shares of the company traded hands, compared to its average volume of 606,456. JPMorgan Active Growth ETF has a 1 year low of $63.33 and a 1 year high of $97.91. The stock has a market capitalization of $8.24 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The business has a 50 day moving average of $93.03 and a two-hundred day moving average of $92.13.

Institutional Investors Weigh In On JPMorgan Active Growth ETF

A number of large investors have recently made changes to their positions in JGRO. MAI Capital Management acquired a new position in JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $25,000. Pflug Koory LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter worth $25,000. GAMMA Investing LLC acquired a new stake in JPMorgan Active Growth ETF during the third quarter valued at $28,000. Balentine LLC purchased a new position in JPMorgan Active Growth ETF in the third quarter valued at about $29,000. Finally, Total Investment Management Inc. purchased a new position in JPMorgan Active Growth ETF in the second quarter valued at about $30,000.

About JPMorgan Active Growth ETF

(Get Free Report)

The Jpmorgan Active Growth ETF (JGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to invest in US large-cap companies perceived to have strong earnings growth potential. JGRO was launched on Aug 8, 2022 and is managed by JPMorgan Chase.

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