JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) Short Interest Down 99.5% in April

JPMorgan Active Small Cap Value ETF (NYSEARCA:JPSV) saw a large drop in short interest during the month of April. As of April 15th, there was short interest totaling 3 shares, a drop of 99.5% from the March 31st total of 651 shares. Based on an average daily trading volume, of 882 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Royal Bank of Canada lifted its position in shares of JPMorgan Active Small Cap Value ETF by 6.6% in the 4th quarter. Royal Bank of Canada now owns 3,219 shares of the company’s stock worth $187,000 after buying an additional 198 shares during the last quarter. Citadel Advisors LLC lifted its position in JPMorgan Active Small Cap Value ETF by 8.7% in the 3rd quarter. Citadel Advisors LLC now owns 4,070 shares of the company’s stock valued at $239,000 after purchasing an additional 325 shares during the last quarter. Opal Capital LLC bought a new stake in JPMorgan Active Small Cap Value ETF in the 4th quarter valued at about $359,000. Finally, Geneos Wealth Management Inc. lifted its position in JPMorgan Active Small Cap Value ETF by 7.2% in the 4th quarter. Geneos Wealth Management Inc. now owns 149,251 shares of the company’s stock valued at $8,658,000 after purchasing an additional 10,007 shares during the last quarter.

JPMorgan Active Small Cap Value ETF Stock Performance

Shares of JPMorgan Active Small Cap Value ETF stock traded down $0.01 during trading hours on Friday, reaching $63.09. The company’s stock had a trading volume of 615 shares, compared to its average volume of 608. The company’s 50 day simple moving average is $60.56 and its 200 day simple moving average is $59.50. JPMorgan Active Small Cap Value ETF has a one year low of $52.79 and a one year high of $63.78. The stock has a market cap of $25.24 million, a P/E ratio of 15.78 and a beta of 0.91.

About JPMorgan Active Small Cap Value ETF

The JPMorgan Active Small Cap Value ETF (JPSV) is an exchange-traded fund that is based on the Russell 2000 index. The fund is an actively managed, non-transparent ETF that provides exposure to US small-cap value stocks. The fund utilizes the Natixis\u002FNYSE proxy portfolio model JPSV was launched on Mar 7, 2023 and is managed by JPMorgan Chase.