Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Expands By 47.5%

JPMorgan Equity Focus ETF (NASDAQ:JPEF) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 38,800 shares, an increase of 47.5% from the February 13th total of 26,300 shares. Based on an average trading volume of 155,600 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s stock are sold short.

JPMorgan Equity Focus ETF Stock Performance

Shares of JPMorgan Equity Focus ETF stock traded up $0.30 on Monday, hitting $64.16. The company had a trading volume of 70,065 shares, compared to its average volume of 100,371. JPMorgan Equity Focus ETF has a 1 year low of $56.49 and a 1 year high of $70.16. The stock has a 50 day moving average of $67.58 and a 200-day moving average of $67.09. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 24.28 and a beta of 1.11.

JPMorgan Equity Focus ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.3881 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from JPMorgan Equity Focus ETF’s previous dividend of $0.09.

Hedge Funds Weigh In On JPMorgan Equity Focus ETF

A number of hedge funds have recently bought and sold shares of JPEF. Blair William & Co. IL purchased a new position in shares of JPMorgan Equity Focus ETF in the 4th quarter worth approximately $34,000. Comerica Bank purchased a new position in JPMorgan Equity Focus ETF in the fourth quarter worth $123,000. Private Trust Co. NA bought a new position in JPMorgan Equity Focus ETF in the 4th quarter valued at $135,000. Carnegie Lake Advisors LLC purchased a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter valued at $201,000. Finally, Institute for Wealth Management LLC. bought a new stake in shares of JPMorgan Equity Focus ETF during the 4th quarter worth $202,000.

JPMorgan Equity Focus ETF Company Profile

The JPMorgan Equity Focus ETF (JPEF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed ETF that provides exposure to a narrow basket of US stocks. Selection integrates ESG factors to their bottom-up fundamental analysis. JPEF was launched on Jul 28, 2023 and is issued by JPMorgan Chase.