JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Up 94.5% in March

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the recipient of a significant growth in short interest in the month of March. As of March 31st, there was short interest totaling 110,841 shares, a growth of 94.5% from the March 15th total of 56,987 shares. Approximately 0.4% of the shares of the company are short sold. Based on an average trading volume of 160,060 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in JSCP. EP Wealth Advisors LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF during the fourth quarter valued at $101,684,000. Apella Capital LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF during the third quarter valued at $21,448,000. JPMorgan Chase & Co. grew its position in JPMorgan Short Duration Core Plus ETF by 24.3% during the third quarter. JPMorgan Chase & Co. now owns 1,739,036 shares of the company’s stock valued at $82,796,000 after buying an additional 340,343 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF during the third quarter valued at $12,974,000. Finally, Focus Partners Wealth acquired a new stake in JPMorgan Short Duration Core Plus ETF during the fourth quarter valued at $11,803,000.

JPMorgan Short Duration Core Plus ETF Price Performance

NYSEARCA:JSCP opened at $47.23 on Monday. The firm has a market capitalization of $1.40 billion, a P/E ratio of 8.12 and a beta of 0.13. JPMorgan Short Duration Core Plus ETF has a 1-year low of $46.42 and a 1-year high of $47.87. The company’s fifty day moving average price is $47.46 and its 200-day moving average price is $47.54.

About JPMorgan Short Duration Core Plus ETF

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.