JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) Sees Large Growth in Short Interest

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 24,238 shares, a growth of 253.1% from the August 15th total of 6,864 shares. Based on an average daily volume of 30,055 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the company’s stock are short sold.

JPMorgan U.S. Research Enhanced Large Cap ETF Stock Performance

JUSA traded up $0.55 during trading on Friday, reaching $68.76. 21,128 shares of the stock were exchanged, compared to its average volume of 72,379. The stock has a market cap of $695.85 million, a P/E ratio of 26.08 and a beta of 0.97. The stock’s 50 day moving average price is $68.44 and its two-hundred day moving average price is $65.53. JPMorgan U.S. Research Enhanced Large Cap ETF has a twelve month low of $57.20 and a twelve month high of $70.37.

Institutional Investors Weigh In On JPMorgan U.S. Research Enhanced Large Cap ETF

Institutional investors have recently made changes to their positions in the company. Capital Analysts LLC bought a new position in shares of JPMorgan U.S. Research Enhanced Large Cap ETF during the second quarter worth approximately $85,000. Citadel Advisors LLC grew its holdings in JPMorgan U.S. Research Enhanced Large Cap ETF by 19.5% in the 2nd quarter. Citadel Advisors LLC now owns 23,049 shares of the company’s stock valued at $1,548,000 after buying an additional 3,769 shares in the last quarter. Goldman Sachs Group Inc. acquired a new position in JPMorgan U.S. Research Enhanced Large Cap ETF in the 4th quarter valued at $391,000. Elevation Wealth Management LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $670,000. Finally, Integrated Wealth Concepts LLC bought a new position in JPMorgan U.S. Research Enhanced Large Cap ETF during the 2nd quarter worth $810,000.

About JPMorgan U.S. Research Enhanced Large Cap ETF

The JPMorgan ActiveBuilders U.S. Large Cap Equity ETF (JUSA) is an exchange-traded fund that mostly invests in large cap equity. The fund actively selects US large-cap equities using a top-down and bottom-up approach in seeking to provide long-term capital appreciation. JUSA was launched on Jul 7, 2021 and is managed by JPMorgan Chase.