JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Short Interest Update

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 13,249 shares, a decrease of 77.7% from the August 31st total of 59,361 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 50,486 shares, the short-interest ratio is currently 0.3 days.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

BBHY stock opened at $44.74 on Monday. The company’s 50-day moving average price is $45.56 and its two-hundred day moving average price is $45.82. The firm has a market cap of $439.79 million, a P/E ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12 month low of $44.63 and a 12 month high of $47.04.

Institutional Trading of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Envestnet Asset Management Inc. raised its position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 19.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,690,097 shares of the company’s stock valued at $80,375,000 after purchasing an additional 278,306 shares in the last quarter. WCG Wealth Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at $5,864,000. Highland Investment Advisors LLC bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 2nd quarter valued at $5,513,000. Integrated Wealth Concepts LLC increased its stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 480.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 119,027 shares of the company’s stock valued at $5,487,000 after purchasing an additional 98,521 shares during the last quarter. Finally, Nolet Wealth Management LLC bought a new position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at $1,093,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.