JPMorgan Active China ETF (NYSEARCA:JCHI – Get Free Report) was the target of a significant drop in short interest during the month of October. As of October 30th, there was short interest totaling 6,989 shares, a drop of 74.9% from the October 15th total of 27,807 shares. Based on an average daily trading volume, of 2,123 shares, the short-interest ratio is currently 3.3 days. Approximately 2.3% of the company’s shares are sold short.
JPMorgan Active China ETF Stock Down 0.6%
JCHI stock opened at $49.39 on Thursday. The firm has a market cap of $14.82 million, a price-to-earnings ratio of 11.98 and a beta of 0.49. JPMorgan Active China ETF has a 12-month low of $47.70 and a 12-month high of $58.56. The company’s fifty day simple moving average is $50.84 and its 200 day simple moving average is $53.50.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in JPMorgan Active China ETF stock. Weil Company Inc. acquired a new stake in JPMorgan Active China ETF (NYSEARCA:JCHI – Free Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund acquired 29,647 shares of the company’s stock, valued at approximately $1,524,000. Weil Company Inc. owned 10.59% of JPMorgan Active China ETF at the end of the most recent reporting period.
JPMorgan Active China ETF Company Profile
The J.P. Morgan Exchange-Traded Fund Trust – JPMorgan Active China ETF (JCHI) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to hold a narrow portfolio of Chinese equities and equity-related securities that are fundamentally assessed for sustainable growth and disciplined capital management. The fund also considers ESG factors during the investment process JCHI was launched on Mar 15, 2023 and is managed by JPMorgan Chase.
Recommended Stories
- Five stocks we like better than JPMorgan Active China ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for JPMorgan Active China ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active China ETF and related companies with MarketBeat.com's FREE daily email newsletter.
