Short Interest in JPMorgan Equity Focus ETF (NASDAQ:JPEF) Drops By 7.6%

The JPMorgan Equity Focus ETF (NASDAQ:JPEF) experienced a notable decline in short interest during December. As of December 15, the total short interest stood at 74,900 shares, reflecting a decrease of 7.6% from the previous total of 81,100 shares reported on November 30. With an average daily trading volume of 107,900 shares, this results in a short-interest ratio of approximately 0.7 days.

Recent Institutional Activity

Several institutional investors have taken significant positions in the JPMorgan Equity Focus ETF recently. Northwestern Mutual Wealth Management Co. greatly increased its stake by 3,006.0% during the second quarter, now holding 2,578 shares valued at around $161,000 after acquiring an additional 2,495 shares. Additionally, Planning Directions Inc. established a new stake worth approximately $202,000 in the third quarter, while Tennessee Valley Asset Management Partners and Advisory Alpha LLC also made new investments during the second quarter, valued at approximately $201,000 and $204,000, respectively.

Current Stock Performance

The shares of JPEF opened at $67.11 recently. The ETF has a 50-day moving average price of $68.19, alongside a 200-day moving average of $65.27. The market capitalization of the ETF is approximately $923.43 million, with a price-to-earnings ratio of 25.11 and a beta of 1.11. Over the past year, the stock has recorded a low of $51.99 and a high of $70.09.

Dividend Announcement

In recent news, the JPMorgan Equity Focus ETF declared an increase in its dividend, which was paid on December 27. Shareholders on record as of December 24 received a dividend of $0.3881 per share, marking a rise from the previous dividend amount of $0.09.

About This ETF

The JPMorgan Equity Focus ETF is an actively managed exchange-traded fund that primarily invests in a diverse range of U.S. equities. It aims to provide exposure to a select portfolio of stocks while integrating environmental, social, and governance (ESG) factors into its investment decisions. The ETF was launched on July 28, 2023, and is managed by JPMorgan Chase.

Further Information

• Explore alternatives to JPMorgan Equity Focus ETF
• Investing during economic downturns with reliable dividend-paying stocks
• Innovative companies shaping the future of healthcare with AI technology
• Best REIT stocks to include in your investment portfolio
• Major stocks implementing significant buyback announcements
• Using MarketBeat’s calculator to determine retirement income
• Trends influencing the stock market in 2024 and predictions for 2025

JPMorgan, ETF, investment