JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) Shares Shorted: Short Interest Down 44.2% in September

JPMorgan Diversified Return U.S. Small Cap Equity ETF (NYSEARCA:JPSE) was the target of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 8,682 shares, a decline of 44.2% from the September 15th total of 15,555 shares. Based on an average daily volume of 15,821 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

JPMorgan Diversified Return U.S. Small Cap Equity ETF Price Performance

NYSEARCA:JPSE traded up $0.51 during trading hours on Thursday, reaching $56.83. The company’s stock had a trading volume of 14,427 shares, compared to its average volume of 24,701. The company has a market cap of $568.30 million, a price-to-earnings ratio of 15.86 and a beta of 1.00. JPMorgan Diversified Return U.S. Small Cap Equity ETF has a one year low of $47.44 and a one year high of $61.27. The business’s 50-day moving average is $58.68 and its 200-day moving average is $58.10.

Institutional Trading of JPMorgan Diversified Return U.S. Small Cap Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. WealthPlan Investment Management LLC bought a new stake in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter worth about $303,000. First Pacific Financial acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at about $3,951,000. Lodestone Wealth Management LLC acquired a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF during the 3rd quarter valued at about $25,000. Capital Advisors Wealth Management LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $5,191,000. Finally, Sprinkle Financial Consultants LLC bought a new position in shares of JPMorgan Diversified Return U.S. Small Cap Equity ETF in the 3rd quarter valued at approximately $10,618,000.

About JPMorgan Diversified Return U.S. Small Cap Equity ETF

The JPMorgan Diversified Return U.S. Small Cap Equity ETF (JPSE) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a multi-factor index comprised of US small-cap stocks. The index uses a combination of fundamental and technical factors for stock selection, and inverse volatility for weighting. JPSE was launched on Nov 15, 2016 and is managed by JPMorgan Chase.