Short Interest in JPMorgan International Value ETF (NASDAQ:JIVE) Rises By 95.6%

JPMorgan International Value ETF (NASDAQ:JIVE) saw a significant increase in short interest during the month of August. As of August 31st, there was short interest totaling 136,871 shares, an increase of 95.6% from the August 15th total of 69,961 shares. Based on an average daily trading volume, of 301,677 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.4% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan International Value ETF

Institutional investors have recently bought and sold shares of the business. AdvisorNet Financial Inc raised its stake in shares of JPMorgan International Value ETF by 6.2% in the first quarter. AdvisorNet Financial Inc now owns 1,996 shares of the ETF’s stock worth $171,000 after acquiring an additional 116 shares during the last quarter. Focus Financial Network Inc. boosted its position in shares of JPMorgan International Value ETF by 0.5% in the 2nd quarter. Focus Financial Network Inc. now owns 23,507 shares of the ETF’s stock worth $2,162,000 after purchasing an additional 117 shares during the last quarter. 3Chopt Investment Partners LLC boosted its holdings in JPMorgan International Value ETF by 4.9% during the first quarter. 3Chopt Investment Partners LLC now owns 2,820 shares of the ETF’s stock worth $242,000 after buying an additional 131 shares during the last quarter. NewEdge Advisors LLC grew its holdings in JPMorgan International Value ETF by 5.7% during the first quarter. NewEdge Advisors LLC now owns 3,803 shares of the ETF’s stock valued at $326,000 after purchasing an additional 206 shares during the period. Finally, Clarity Asset Management Inc. bought a new stake in shares of JPMorgan International Value ETF in the 4th quarter valued at $29,000. Institutional investors and hedge funds own 65.36% of the company’s stock.

JPMorgan International Value ETF Trading Down 0.7%

NASDAQ:JIVE traded down $0.65 during trading hours on Tuesday, hitting $97.65. 591,580 shares of the company traded hands, compared to its average volume of 332,676. JPMorgan International Value ETF has a twelve month low of $73.71 and a twelve month high of $100.21. The firm has a 50-day moving average of $96.31 and a 200 day moving average of $92.15. The stock has a market capitalization of $3.97 billion, a price-to-earnings ratio of -887.59 and a beta of 0.45.

About JPMorgan International Value ETF

JPMorgan International Value ETF (NASDAQ: JIVE) is an exchange-traded fund managed by J.P. Morgan Asset Management. The fund seeks long-term capital appreciation by investing primarily in equity securities of companies located outside the United States.

JIVE uses an international value-investing approach, emphasizing companies that the portfolio management team believes are undervalued relative to their fundamentals or long-term growth prospects. Its portfolio may include businesses across developed and emerging markets and can provide exposure to multiple industries, countries and regions.

The ETF is designed for investors seeking diversified international equity exposure through a professionally managed portfolio.