JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Update

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 845,277 shares, an increase of 329.1% from the June 30th total of 197,011 shares. Based on an average daily volume of 149,076 shares, the days-to-cover ratio is currently 5.7 days. Approximately 1.9% of the shares of the company are short sold.

Institutional Trading of JPMorgan BetaBuilders U.S. Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Hoey Investments Inc. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF during the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the 2nd quarter worth approximately $32,000. US Bancorp DE purchased a new stake in JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter worth approximately $43,000. NewEdge Advisors LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% during the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock worth $44,000 after purchasing an additional 361 shares during the period. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the 4th quarter worth approximately $49,000.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

BATS BBUS opened at $133.10 on Friday. The stock has a 50-day simple moving average of $134.37 and a two-hundred day simple moving average of $127.71. The firm has a market capitalization of $5.96 billion, a P/E ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a fifty-two week low of $112.19 and a fifty-two week high of $137.20.

About JPMorgan BetaBuilders U.S. Equity ETF

The JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market cap. BBUS was launched on Mar 12, 2019 and is managed by JPMorgan Chase.