JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Sees Significant Increase in Short Interest

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 1,700 shares, an increase of 1,600.0% from the October 15th total of 100 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 3.4 days.

JPMorgan Healthcare Leaders ETF Price Performance

Shares of JDOC stock opened at $57.85 on Wednesday. JPMorgan Healthcare Leaders ETF has a one year low of $48.52 and a one year high of $63.49. The company’s fifty day moving average price is $60.28 and its 200-day moving average price is $59.50. The company has a market capitalization of $7.52 million, a price-to-earnings ratio of 27.37 and a beta of 0.61.

Institutional Investors Weigh In On JPMorgan Healthcare Leaders ETF

An institutional investor recently bought a new position in JPMorgan Healthcare Leaders ETF stock. Ignite Planners LLC bought a new stake in shares of JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 3,942 shares of the company’s stock, valued at approximately $230,000. Ignite Planners LLC owned 3.03% of JPMorgan Healthcare Leaders ETF at the end of the most recent quarter.

JPMorgan Healthcare Leaders ETF Company Profile

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.