JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) Stock Short Interest Climbs 76.8%

JPMorgan ActiveBuilders Emerging Markets Equity ETF (NASDAQ:JEMA) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 17,016 shares, an increase of 76.8% from the September 15th total of 9,622 shares. Based on an average daily trading volume, of 135,162 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Trading Down 1.9%

JEMA traded down $1.13 on Friday, hitting $58.39. 254,985 shares of the company’s stock were exchanged, compared to its average volume of 126,796. The stock has a fifty day moving average of $62.15 and a two-hundred day moving average of $60.82. JPMorgan ActiveBuilders Emerging Markets Equity ETF has a twelve month low of $47.17 and a twelve month high of $66.68. The firm has a market cap of $1.65 billion, a PE ratio of 15.19 and a beta of 0.77.

Hedge Funds Weigh In On JPMorgan ActiveBuilders Emerging Markets Equity ETF

Several institutional investors have recently made changes to their positions in the stock. WNY Asset Management LLC bought a new position in JPMorgan ActiveBuilders Emerging Markets Equity ETF in the 1st quarter worth approximately $30,353,000. Burkett Financial Services LLC increased its position in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 41,002.0% in the 2nd quarter. Burkett Financial Services LLC now owns 347,312 shares of the company’s stock valued at $22,186,000 after acquiring an additional 346,467 shares during the period. Lido Advisors LLC raised its stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF by 65.2% during the 1st quarter. Lido Advisors LLC now owns 485,512 shares of the company’s stock valued at $25,261,000 after acquiring an additional 191,554 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 1st quarter valued at $9,312,000. Finally, Bank of America Corp DE bought a new stake in JPMorgan ActiveBuilders Emerging Markets Equity ETF during the 1st quarter valued at $6,928,000.

JPMorgan ActiveBuilders Emerging Markets Equity ETF Company Profile

The JPMorgan ActiveBuilders Emerging Markets Equity ETF (JEMA) is an exchange-traded fund that is based on the MSCI Emerging Markets index. The fund is an actively-managed fund utilizing emerging market equity strategies across countries, regions, styles, and market capitalizations. JEMA was launched on Mar 10, 2021 and is managed by JPMorgan Chase.