JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Down 73.4% in July

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) saw a significant decline in short interest in the month of July. As of July 15th, there was short interest totaling 146,990 shares, a decline of 73.4% from the June 30th total of 552,934 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 326,081 shares, the days-to-cover ratio is presently 0.5 days.

JPMorgan BetaBuilders Europe ETF Trading Up 0.5%

Shares of BATS:BBEU opened at $77.28 on Friday. The company has a market capitalization of $5.24 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 12 month low of $64.97 and a 12 month high of $79.64. The firm’s 50-day moving average is $77.54 and its 200 day moving average is $76.29.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the business. Allspring Global Investments Holdings LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the first quarter valued at approximately $26,000. Signaturefd LLC bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth approximately $28,000. Cullen Frost Bankers Inc. bought a new stake in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth approximately $29,000. Aptus Capital Advisors LLC purchased a new position in JPMorgan BetaBuilders Europe ETF during the 4th quarter valued at $32,000. Finally, Western Wealth Management LLC purchased a new position in JPMorgan BetaBuilders Europe ETF during the 1st quarter valued at $33,000.

About JPMorgan BetaBuilders Europe ETF

The JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.