JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Sees Large Increase in Short Interest

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 360,300 shares, an increase of 691.9% from the October 31st total of 45,500 shares. Based on an average daily volume of 877,500 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of JPMorgan Global Select Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. bought a new stake in JPMorgan Global Select Equity ETF during the 2nd quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in JPMorgan Global Select Equity ETF during the 2nd quarter valued at about $78,000. Wealth Enhancement Advisory Services LLC purchased a new stake in JPMorgan Global Select Equity ETF during the 2nd quarter valued at about $298,000. Transcend Capital Advisors LLC purchased a new stake in shares of JPMorgan Global Select Equity ETF in the second quarter worth about $322,000. Finally, CWM LLC acquired a new position in JPMorgan Global Select Equity ETF in the 3rd quarter worth about $364,000.

JPMorgan Global Select Equity ETF Trading Down 0.0 %

NASDAQ:JGLO traded down $0.03 on Wednesday, reaching $63.11. 46,901 shares of the stock traded hands, compared to its average volume of 461,286. JPMorgan Global Select Equity ETF has a 1-year low of $49.91 and a 1-year high of $63.91. The company’s 50 day moving average is $62.64 and its 200-day moving average is $60.98. The firm has a market capitalization of $4.99 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02.

JPMorgan Global Select Equity ETF Company Profile

The JPMorgan Global Select Equity ETF Global Select Equity ETF (JGLO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation through an active management that invests in stocks of any capitalization located in both developed and emerging markets.