JPMorgan Global Select Equity ETF (NASDAQ:JGLO) Short Interest Up 2,977.3% in April

JPMorgan Global Select Equity ETF (NASDAQ:JGLO) was the target of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 67,700 shares, a growth of 2,977.3% from the March 31st total of 2,200 shares. Based on an average trading volume of 525,000 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Global Select Equity ETF Stock Up 0.6 %

Shares of JPMorgan Global Select Equity ETF stock traded up $0.33 during mid-day trading on Friday, reaching $56.26. 41,612 shares of the stock traded hands, compared to its average volume of 434,357. The business has a 50-day moving average of $56.79 and a 200 day moving average of $52.77. JPMorgan Global Select Equity ETF has a fifty-two week low of $45.26 and a fifty-two week high of $59.20. The stock has a market capitalization of $2.79 billion, a PE ratio of 23.27 and a beta of 0.97.

Hedge Funds Weigh In On JPMorgan Global Select Equity ETF

A number of hedge funds have recently made changes to their positions in JGLO. SFG Wealth Management LLC. acquired a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $493,000. Cambridge Investment Research Advisors Inc. acquired a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $11,913,000. Global Retirement Partners LLC acquired a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $120,000. Lockerman Financial Group Inc. acquired a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $623,000. Finally, Security Financial Services INC. acquired a new stake in shares of JPMorgan Global Select Equity ETF in the first quarter valued at approximately $392,000.

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.