JPMorgan Active Value ETF (NYSEARCA:JAVA) Stock Short Interest Falls 36.0%

JPMorgan Active Value ETF (NYSEARCA:JAVA) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 125,045 shares, a drop of 36.0% from the September 15th total of 195,371 shares. Based on an average daily trading volume, of 498,508 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Trading of JPMorgan Active Value ETF

A number of institutional investors have recently modified their holdings of JAVA. Compass Financial Management LLC purchased a new position in shares of JPMorgan Active Value ETF in the second quarter valued at $103,000. Envestnet Portfolio Solutions Inc. purchased a new position in JPMorgan Active Value ETF during the 2nd quarter valued at about $206,000. Triumph Capital Management increased its position in shares of JPMorgan Active Value ETF by 11.2% during the third quarter. Triumph Capital Management now owns 2,806 shares of the company’s stock valued at $224,000 after buying an additional 282 shares during the period. Two Sigma Securities LLC purchased a new stake in shares of JPMorgan Active Value ETF in the second quarter worth about $226,000. Finally, Sequent Planning LLC bought a new stake in JPMorgan Active Value ETF during the 1st quarter worth approximately $211,000. 43.07% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Active Value ETF Stock Performance

NYSEARCA JAVA opened at $82.09 on Friday. The company has a market capitalization of $7.20 billion, a PE ratio of -90.21 and a beta of 0.78. JPMorgan Active Value ETF has a 52-week low of $67.77 and a 52-week high of $84.06. The company has a 50-day simple moving average of $82.02 and a 200 day simple moving average of $79.16.

JPMorgan Active Value ETF Company Profile

The JPMorgan Active Value ETF (JAVA) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund of US large-cap value stocks selected based on proprietary fundamental analysis. JAVA was launched on Oct 4, 2021 and is managed by JPMorgan Chase.