JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Short Interest Up 274.9% in March

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) saw a large increase in short interest in March. As of March 13th, there was short interest totaling 13,320 shares, an increase of 274.9% from the February 26th total of 3,553 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 36,167 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

A number of institutional investors have recently bought and sold shares of BBSC. Steward Partners Investment Advisory LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 2nd quarter valued at about $39,000. Geneos Wealth Management Inc. increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after buying an additional 228 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after buying an additional 1,212 shares during the last quarter. Elevation Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $226,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at approximately $280,000.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 1.6%

NYSEARCA BBSC opened at $74.92 on Friday. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a 52 week low of $51.75 and a 52 week high of $81.04. The business’s fifty day simple moving average is $77.83 and its 200-day simple moving average is $75.96. The firm has a market cap of $640.57 million, a PE ratio of 18.09 and a beta of 1.14.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.