Short Interest in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Declines By 88.2%

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 133,249 shares, a drop of 88.2% from the August 15th total of 1,128,821 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,540,314 shares, the short-interest ratio is currently 0.1 days.

JPMorgan Core Plus Bond ETF Stock Down 0.1%

Shares of JCPB stock traded down $0.06 on Friday, hitting $45.47. The company had a trading volume of 2,201,520 shares, compared to its average volume of 1,802,378. JPMorgan Core Plus Bond ETF has a twelve month low of $45.46 and a twelve month high of $48.17. The firm has a market cap of $13.75 billion, a P/E ratio of 60.35 and a beta of 0.26. The company has a 50-day moving average price of $46.23 and a 200-day moving average price of $46.75.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Imprint Wealth LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $30,000. SHP Wealth Management purchased a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter worth $31,000. Root Financial Partners LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 486.3% during the fourth quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock worth $34,000 after buying an additional 603 shares in the last quarter. Torren Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the first quarter valued at $37,000. Finally, Creative Financial Designs Inc. ADV grew its position in JPMorgan Core Plus Bond ETF by 47.9% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,034 shares of the company’s stock valued at $49,000 after buying an additional 335 shares during the period.

About JPMorgan Core Plus Bond ETF

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.