Short Interest in JPMorgan International Growth ETF (NYSEARCA:JIG) Drops By 66.0%

JPMorgan International Growth ETF (NYSEARCA:JIG) saw a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 20,568 shares, a decrease of 66.0% from the June 30th total of 60,543 shares. Based on an average trading volume of 36,152 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On JPMorgan International Growth ETF

Several hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its holdings in JPMorgan International Growth ETF by 19,550.0% during the third quarter. Bank of America Corp DE now owns 786 shares of the company’s stock valued at $59,000 after buying an additional 782 shares during the period. Western Wealth Management LLC bought a new stake in JPMorgan International Growth ETF during the 1st quarter valued at $64,000. Farther Finance Advisors LLC boosted its position in JPMorgan International Growth ETF by 86.6% during the 4th quarter. Farther Finance Advisors LLC now owns 1,370 shares of the company’s stock valued at $100,000 after acquiring an additional 636 shares in the last quarter. GeoWealth Management LLC purchased a new position in shares of JPMorgan International Growth ETF in the 3rd quarter valued at $145,000. Finally, 3Chopt Investment Partners LLC increased its holdings in shares of JPMorgan International Growth ETF by 7.5% in the 4th quarter. 3Chopt Investment Partners LLC now owns 2,259 shares of the company’s stock valued at $166,000 after acquiring an additional 157 shares during the period.

JPMorgan International Growth ETF Stock Performance

JPMorgan International Growth ETF stock traded down $1.02 during midday trading on Tuesday, hitting $79.96. 19,875 shares of the company’s stock were exchanged, compared to its average volume of 34,357. The company has a market cap of $463.77 million, a PE ratio of 24.51 and a beta of 0.97. The firm has a 50-day moving average of $83.99 and a two-hundred day moving average of $80.47. JPMorgan International Growth ETF has a 12 month low of $69.26 and a 12 month high of $89.04.

About JPMorgan International Growth ETF

The JPMorgan International Growth ETF (JIG) is an exchange-traded fund that is based on the MSCI EAFE Growth index. The fund is an actively-managed portfolio of global ex-US stocks fundamentally selected for growth and quality traits. JIG was launched on May 20, 2020 and is managed by JPMorgan Chase.