JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Short Interest Down 94.1% in November

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) was the target of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 100 shares, a decrease of 94.1% from the October 31st total of 1,700 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.2 days.

JPMorgan Healthcare Leaders ETF Stock Up 0.5 %

Shares of JPMorgan Healthcare Leaders ETF stock traded up $0.31 on Wednesday, hitting $57.23. The company’s stock had a trading volume of 202 shares, compared to its average volume of 599. JPMorgan Healthcare Leaders ETF has a 52-week low of $50.38 and a 52-week high of $63.49. The firm has a fifty day moving average price of $58.84 and a 200-day moving average price of $59.44. The company has a market capitalization of $7.44 million, a P/E ratio of 27.37 and a beta of 0.61.

Institutional Investors Weigh In On JPMorgan Healthcare Leaders ETF

A hedge fund recently bought a new stake in JPMorgan Healthcare Leaders ETF stock. Ignite Planners LLC acquired a new position in JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) during the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 3,942 shares of the company’s stock, valued at approximately $230,000. Ignite Planners LLC owned approximately 3.03% of JPMorgan Healthcare Leaders ETF as of its most recent SEC filing.

About JPMorgan Healthcare Leaders ETF

The JPMorgan Healthcare Leaders ETF Healthcare Leaders ETF (JDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed, investing in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies located around the globe.The adviser seeks to provide long-term capital appreciation.