Short Interest in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Increases By 1,229.2%

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 441,711 shares, an increase of 1,229.2% from the May 14th total of 33,232 shares. Based on an average daily volume of 573,375 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the shares of the stock are sold short.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. NewEdge Advisors LLC grew its stake in shares of JPMorgan BetaBuilders Europe ETF by 1.7% during the first quarter. NewEdge Advisors LLC now owns 15,871 shares of the company’s stock worth $1,149,000 after buying an additional 271 shares during the last quarter. Western Wealth Management LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the first quarter worth $33,000. Arkadios Wealth Advisors grew its stake in shares of JPMorgan BetaBuilders Europe ETF by 4.2% during the first quarter. Arkadios Wealth Advisors now owns 4,577 shares of the company’s stock worth $331,000 after buying an additional 185 shares during the last quarter. Royal Bank of Canada grew its stake in shares of JPMorgan BetaBuilders Europe ETF by 217.9% during the first quarter. Royal Bank of Canada now owns 26,920 shares of the company’s stock worth $1,949,000 after buying an additional 18,452 shares during the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the first quarter worth $379,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU opened at $76.06 on Thursday. JPMorgan BetaBuilders Europe ETF has a one year low of $64.50 and a one year high of $79.61. The company has a market cap of $5.15 billion, a P/E ratio of 16.78 and a beta of 0.93. The firm has a 50 day simple moving average of $76.40 and a two-hundred day simple moving average of $75.07.

JPMorgan BetaBuilders Europe ETF Company Profile

The JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.