JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Short Interest Update

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 360 shares, a drop of 97.4% from the July 15th total of 13,886 shares. Based on an average daily volume of 608 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the company’s stock are short sold.

JPMorgan Dividend Leaders ETF Trading Up 0.1%

NYSEARCA:JDIV traded up $0.04 during midday trading on Tuesday, hitting $58.40. 176 shares of the company were exchanged, compared to its average volume of 1,221. The company has a fifty day simple moving average of $56.62 and a 200 day simple moving average of $55.63. JPMorgan Dividend Leaders ETF has a fifty-two week low of $51.34 and a fifty-two week high of $58.50. The company has a market capitalization of $12.85 million, a PE ratio of 20.22 and a beta of 0.63.

Hedge Funds Weigh In On JPMorgan Dividend Leaders ETF

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. lifted its position in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Benjamin Edwards Inc. owned about 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 at the end of the most recent reporting period.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.