JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BATS:BBCB) Shares Shorted: Short Interest Up 1,455.5% in September

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BATS:BBCB) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 11,246 shares, an increase of 1,455.5% from the September 15th total of 723 shares. Based on an average daily trading volume, of 5,230 shares, the short-interest ratio is currently 2.2 days. Approximately 1.1% of the company’s shares are sold short.

Hedge Funds Weigh In On JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

Several institutional investors have recently modified their holdings of the business. SMART Wealth LLC bought a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the first quarter worth about $2,011,000. Independent Wealth Network Inc. bought a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the first quarter valued at approximately $889,000. Bank of America Corp DE raised its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 240.9% in the first quarter. Bank of America Corp DE now owns 26,907 shares of the company’s stock valued at $1,220,000 after buying an additional 19,013 shares during the period. Avant Capital LLC acquired a new stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the second quarter valued at approximately $308,000. Finally, Windsor Capital Management LLC acquired a new stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the second quarter valued at approximately $250,000.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Performance

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF stock traded up $0.01 during mid-day trading on Friday, hitting $43.04. 33,710 shares of the company’s stock were exchanged, compared to its average volume of 5,596. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a fifty-two week low of $42.64 and a fifty-two week high of $46.72. The company’s 50 day simple moving average is $43.92 and its 200-day simple moving average is $44.71.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond 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. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.