Short Interest in JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Expands By 139.8%

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 431,954 shares, a growth of 139.8% from the June 30th total of 180,115 shares. Based on an average daily volume of 203,557 shares, the short-interest ratio is presently 2.1 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Investors Weigh In On JPMorgan BetaBuilders Canada ETF

Several large investors have recently made changes to their positions in BBCA. Arlington Trust Co LLC increased its holdings in JPMorgan BetaBuilders Canada ETF by 209.5% during the second quarter. Arlington Trust Co LLC now owns 2,473 shares of the company’s stock worth $246,000 after buying an additional 1,674 shares during the last quarter. Royal Bank of Canada raised its position in JPMorgan BetaBuilders Canada ETF by 0.3% during the first quarter. Royal Bank of Canada now owns 103,697 shares of the company’s stock worth $9,753,000 after acquiring an additional 361 shares in the last quarter. Quantinno Capital Management LP lifted its stake in JPMorgan BetaBuilders Canada ETF by 12.1% in the first quarter. Quantinno Capital Management LP now owns 23,551 shares of the company’s stock valued at $2,215,000 after acquiring an additional 2,543 shares during the last quarter. Waverly Advisors LLC lifted its stake in JPMorgan BetaBuilders Canada ETF by 149.1% in the first quarter. Waverly Advisors LLC now owns 4,336 shares of the company’s stock valued at $408,000 after acquiring an additional 2,595 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of JPMorgan BetaBuilders Canada ETF in the 1st quarter valued at about $602,000.

JPMorgan BetaBuilders Canada ETF Stock Up 0.6%

BBCA stock opened at $102.53 on Tuesday. The company has a market cap of $10.61 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a twelve month low of $79.63 and a twelve month high of $102.94. The business has a 50 day moving average price of $100.71 and a two-hundred day moving average price of $98.06.

JPMorgan BetaBuilders Canada ETF Company Profile

The JPMorgan BetaBuilders Canada ETF (BBCA) 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 Canadian equities. BBCA was launched on Aug 7, 2018 and is managed by JPMorgan Chase.