JPMorgan Realty Income ETF (NYSEARCA:JPRE) Shares Shorted: Short Interest Down 68.7% in September

JPMorgan Realty Income ETF (NYSEARCA:JPRE) saw a significant decline in short interest in September. As of September 30th, there was short interest totaling 7,989 shares, a decline of 68.7% from the September 15th total of 25,557 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 20,741 shares, the days-to-cover ratio is currently 0.4 days.

JPMorgan Realty Income ETF Price Performance

Shares of JPRE traded up $0.42 on Monday, hitting $50.37. The company’s stock had a trading volume of 8,825 shares, compared to its average volume of 27,131. The company has a market capitalization of $463.40 million, a PE ratio of 41.80 and a beta of 0.80. JPMorgan Realty Income ETF has a fifty-two week low of $46.24 and a fifty-two week high of $55.23. The company has a 50 day moving average price of $51.76 and a 200 day moving average price of $51.79.

Hedge Funds Weigh In On JPMorgan Realty Income ETF

Several hedge funds have recently added to or reduced their stakes in JPRE. MOR Wealth Management LLC bought a new position in shares of JPMorgan Realty Income ETF in the 2nd quarter valued at about $208,000. Focus Financial Network Inc. acquired a new stake in shares of JPMorgan Realty Income ETF during the 2nd quarter worth approximately $225,000. Swisher Financial Concepts Inc. grew its position in shares of JPMorgan Realty Income ETF by 7.2% during the 1st quarter. Swisher Financial Concepts Inc. now owns 8,288 shares of the company’s stock worth $398,000 after buying an additional 560 shares during the period. Capital Analysts LLC raised its stake in shares of JPMorgan Realty Income ETF by 65.2% during the second quarter. Capital Analysts LLC now owns 9,823 shares of the company’s stock worth $512,000 after buying an additional 3,876 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its stake in shares of JPMorgan Realty Income ETF by 2.9% during the second quarter. Wealthcare Advisory Partners LLC now owns 13,847 shares of the company’s stock worth $723,000 after buying an additional 387 shares during the last quarter.

JPMorgan Realty Income ETF Company Profile

The JPMorgan Realty Income ETF (JPRE) is an exchange-traded fund that mostly invests in real estate equity. The fund actively invests in US equity REITs and mortgage REITs, selecting those perceived to exhibit financial strength, operating revenues, and attractive growth potential. JPRE was launched on May 20, 2022 and is managed by JPMorgan Chase.