JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) Short Interest Update

JPMorgan High Yield Municipal ETF (NYSEARCA:JMHIGet Free Report) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 2,896 shares, a decrease of 52.6% from the June 30th total of 6,107 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 19,716 shares, the short-interest ratio is currently 0.1 days.

JPMorgan High Yield Municipal ETF Stock Down 0.0%

Shares of JMHI stock traded down $0.01 during trading on Thursday, reaching $49.59. The company had a trading volume of 18,044 shares, compared to its average volume of 29,833. JPMorgan High Yield Municipal ETF has a one year low of $49.01 and a one year high of $51.19. The firm’s 50 day simple moving average is $50.14 and its two-hundred day simple moving average is $50.23.

Institutional Investors Weigh In On JPMorgan High Yield Municipal ETF

A number of institutional investors have recently bought and sold shares of JMHI. Western Wealth Management LLC bought a new stake in JPMorgan High Yield Municipal ETF during the 1st quarter worth approximately $26,000. Optima Capital LLC bought a new position in shares of JPMorgan High Yield Municipal ETF during the 4th quarter worth approximately $40,000. Stone House Investment Management LLC acquired a new stake in JPMorgan High Yield Municipal ETF during the 4th quarter valued at $45,000. Global Retirement Partners LLC bought a new position in JPMorgan High Yield Municipal ETF during the fourth quarter worth $100,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of JPMorgan High Yield Municipal ETF in the fourth quarter valued at about $220,000.

JPMorgan High Yield Municipal ETF Company Profile

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The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.

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