JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) Short Interest Update

JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) was the target of a significant decrease in short interest in the month of March. As of March 13th, there was short interest totaling 238,552 shares, a decrease of 93.7% from the February 26th total of 3,805,477 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,771,970 shares, the short-interest ratio is presently 0.0 days. Based on an average daily trading volume, of 7,771,970 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of JPMorgan Ultra-Short Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Rossmore Private Capital purchased a new stake in shares of JPMorgan Ultra-Short Income ETF during the third quarter valued at approximately $25,000. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $25,000. Jackson Hole Capital Partners LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 4th quarter valued at approximately $28,000. MGB Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Finally, Sittner & Nelson LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 4th quarter valued at approximately $30,000. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST traded up $0.01 during mid-day trading on Wednesday, reaching $50.56. 4,182,869 shares of the stock were exchanged, compared to its average volume of 6,699,149. The stock has a market capitalization of $36.28 billion, a PE ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79. The business’s fifty day simple moving average is $50.65 and its 200 day simple moving average is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a dividend of $0.172 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 478.26%.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.