JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Update

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 94,853 shares, a drop of 57.2% from the January 15th total of 221,803 shares. Based on an average trading volume of 679,018 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are sold short. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 679,018 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. MAI Capital Management acquired a new stake in shares of JPMorgan Active Growth ETF in the third quarter worth approximately $25,000. Pflug Koory LLC purchased a new position in JPMorgan Active Growth ETF during the fourth quarter worth approximately $25,000. GAMMA Investing LLC acquired a new position in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at $28,000. Hilton Head Capital Partners LLC acquired a new position in shares of JPMorgan Active Growth ETF in the 4th quarter valued at $28,000. Finally, O Shaughnessy Asset Management LLC grew its stake in shares of JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after buying an additional 113 shares during the period.

JPMorgan Active Growth ETF Stock Down 0.4%

Shares of JGRO stock traded down $0.32 during mid-day trading on Friday, hitting $87.89. 521,086 shares of the company’s stock were exchanged, compared to its average volume of 626,350. The stock has a market cap of $8.21 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $97.91. The stock has a 50-day simple moving average of $92.23 and a two-hundred day simple moving average of $92.17.

About JPMorgan Active Growth ETF

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.