JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Short Interest Up 22.6% in February

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) was the target of a large growth in short interest in the month of February. As of February 27th, there was short interest totaling 5,768 shares, a growth of 22.6% from the February 12th total of 4,704 shares. Based on an average daily volume of 46,609 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 46,609 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

Several large investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth $106,000. Cornerstone Planning Group LLC acquired a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 4th quarter worth $122,000. Raymond James Financial Inc. bought a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter worth about $144,000. Geneos Wealth Management Inc. raised its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 29.4% in the 2nd quarter. Geneos Wealth Management Inc. now owns 1,630 shares of the company’s stock valued at $159,000 after purchasing an additional 370 shares during the period. Finally, Ascent Group LLC raised its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% in the 3rd quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock valued at $330,000 after purchasing an additional 364 shares during the period.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Performance

NYSEARCA BBMC opened at $107.89 on Monday. The stock has a market cap of $1.88 billion, a price-to-earnings ratio of 18.31 and a beta of 1.12. The business has a 50 day simple moving average of $113.15 and a 200 day simple moving average of $108.07. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52-week low of $77.29 and a 52-week high of $116.58.

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

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.