JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Shares Shorted: Short Interest Up 414.6% in September

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) saw a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 431,584 shares, an increase of 414.6% from the August 31st total of 83,860 shares. Based on an average daily trading volume, of 489,873 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.5% of the shares of the company are short sold.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC increased its stake in JPMorgan Limited Duration Bond ETF by 217,192.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock valued at $45,641,000 after purchasing an additional 875,285 shares during the period. Schiavi & Co LLC boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 9.4% during the fourth quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock worth $42,181,000 after buying an additional 69,539 shares during the period. Bank of America Corp DE grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock worth $21,023,000 after buying an additional 13,694 shares during the last quarter. MBM Wealth Consultants LLC grew its holdings in shares of JPMorgan Limited Duration Bond ETF by 11.5% during the first quarter. MBM Wealth Consultants LLC now owns 339,073 shares of the company’s stock worth $17,696,000 after buying an additional 34,923 shares during the last quarter. Finally, Scott Capital Advisors LLC increased its position in JPMorgan Limited Duration Bond ETF by 720.9% in the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock valued at $16,795,000 after acquiring an additional 282,602 shares during the period.

JPMorgan Limited Duration Bond ETF Price Performance

JPLD stock opened at $51.45 on Friday. JPMorgan Limited Duration Bond ETF has a twelve month low of $51.40 and a twelve month high of $52.75. The business has a 50 day simple moving average of $51.88 and a 200-day simple moving average of $52.04.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.