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

JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 12,720 shares, a decline of 97.5% from the May 31st total of 502,790 shares. Based on an average daily trading volume, of 26,426 shares, the short-interest ratio is presently 0.5 days. Approximately 2.3% of the company’s stock are short sold.

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

NYSEARCA:JUSA traded down $0.11 during midday trading on Friday, reaching $65.91. 140,467 shares of the stock traded hands, compared to its average volume of 57,198. The stock has a market capitalization of $36.25 million, a PE ratio of 26.08 and a beta of 0.98. JPMorgan U.S. Research Enhanced Large Cap ETF has a 12-month low of $55.85 and a 12-month high of $68.33. The business has a 50-day moving average of $66.21 and a two-hundred day moving average of $63.13.

Institutional Trading of JPMorgan U.S. Research Enhanced Large Cap ETF

An institutional investor recently raised its stake in JPMorgan U.S. Research Enhanced Large Cap ETF stock. Tower Research Capital LLC TRC boosted its holdings in shares of JPMorgan U.S. Research Enhanced Large Cap ETF (NYSEARCA:JUSA) by 714.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,068 shares of the company’s stock after buying an additional 20,235 shares during the period. Tower Research Capital LLC TRC owned approximately 5.36% of JPMorgan U.S. Research Enhanced Large Cap ETF worth $1,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

JPMorgan U.S. Research Enhanced Large Cap ETF Company Profile

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.