5 Best Least Shorted Stocks to Buy Now

4. JPMorgan Chase & Co (NYSE:JPM)

Number of Hedge Fund Investors: 109

With a short interest of just 0.65% as a percentage of float, JPMorgan Chase & Co (NYSE:JPM) is one of the least shorted stocks to buy according to hedge funds. A total of 109 hedge funds tracked by Insider Monkey had JPMorgan Chase & Co (NYSE:JPM) shares in their portfolios heading into the last quarter of 2023.

The biggest stakeholder of JPMorgan Chase & Co (NYSE:JPM) was Ken Fisher’s Fisher Asset Management which owns a $1.7 billion stake in JPMorgan Chase & Co (NYSE:JPM).

Madison Sustainable Equity Fund stated the following regarding JPMorgan Chase & Co. (NYSE:JPM) in its fourth quarter 2023 investor letter:

“We updated the sustainable scorecard for JPMorgan Chase & Co. (NYSE:JPM). JP Morgan continues to have an Average rating across Governance, Social and Environmental factors. JP Morgan is using its business to improve climate change. JP Morgan has targeted $2.5 trillion in financing between 2021 and 2030 to advance long-term solutions to address climate change and sustainable development. The Board has oversight of corporate responsibility and ESG matters, but ESG and Sustainability are addressed across the firm. JPM does listen to shareholders. After a 31% For Vote on executive compensation in 2022, the Board will not be granting any special awards to Jamie Dimon or Daniel Pinto and if awarded to other Named Executive Officers, there will be a direct performance condition associated with the award. The Compensation Committee limited the cash percentage of Dimon and Pinto’s compensation.”