JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ) Short Interest Update

JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ:JEPQ – Get Rating) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 258,300 shares, an increase of 270.6% from the April 30th total of 69,700 shares. Based on an average daily volume of 1,209,500 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On JPMorgan Nasdaq Equity Premium Income ETF

A number of hedge funds have recently modified their holdings of JEPQ. Benjamin F. Edwards & Company Inc. purchased a new position in shares of JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter worth $25,000. Princeton Global Asset Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 3rd quarter valued at about $26,000. US Bancorp DE purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 1st quarter valued at about $26,000. Belpointe Asset Management LLC boosted its holdings in JPMorgan Nasdaq Equity Premium Income ETF by 846.7% during the 1st quarter. Belpointe Asset Management LLC now owns 710 shares of the company’s stock valued at $32,000 after acquiring an additional 635 shares during the period. Finally, Bellevue Asset Management LLC purchased a new position in JPMorgan Nasdaq Equity Premium Income ETF during the 4th quarter valued at about $44,000.

JPMorgan Nasdaq Equity Premium Income ETF Stock Performance

Shares of NASDAQ JEPQ traded up $0.30 during mid-day trading on Friday, reaching $47.34. 2,826,169 shares of the company’s stock were exchanged, compared to its average volume of 1,138,119. JPMorgan Nasdaq Equity Premium Income ETF has a 52-week low of $39.61 and a 52-week high of $49.97. The company’s 50-day moving average is $45.11 and its 200-day moving average is $43.50.