JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Up 691.9% in November

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the recipient of a significant increase in short interest in 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 presently 0.4 days.

JPMorgan Global Select Equity ETF Stock Performance

NASDAQ JGLO opened at $63.14 on Thursday. JPMorgan Global Select Equity ETF has a 1-year low of $49.91 and a 1-year high of $63.91. The company has a market capitalization of $4.99 billion, a price-to-earnings ratio of 22.80 and a beta of 1.02. The stock’s 50 day moving average is $62.69 and its two-hundred day moving average is $61.00.

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Jane Street Group LLC raised its stake in JPMorgan Global Select Equity ETF by 438.4% during the first quarter. Jane Street Group LLC now owns 91,816 shares of the company’s stock worth $5,271,000 after acquiring an additional 74,762 shares in the last quarter. Transcend Capital Advisors LLC bought a new position in JPMorgan Global Select Equity ETF during the 2nd quarter valued at about $322,000. Massmutual Trust Co. FSB ADV boosted its position in JPMorgan Global Select Equity ETF by 35.3% in the second quarter. Massmutual Trust Co. FSB ADV now owns 39,588 shares of the company’s stock valued at $2,391,000 after buying an additional 10,328 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan Global Select Equity ETF during the second quarter worth about $298,000. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan Global Select Equity ETF by 120.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 27,913 shares of the company’s stock worth $1,686,000 after buying an additional 15,225 shares in the last quarter.

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.