JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) Short Interest Up 150.8% in December

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) was the target of a large increase in short interest in December. As of December 15th, there was short interest totaling 4,226 shares, an increase of 150.8% from the November 30th total of 1,685 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 1,321 shares, the short-interest ratio is currently 3.2 days. Based on an average daily trading volume, of 1,321 shares, the short-interest ratio is currently 3.2 days. Approximately 0.5% of the shares of the company are sold short.

Institutional Trading of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

A number of hedge funds have recently made changes to their positions in BBCB. Vestmark Advisory Solutions Inc. lifted its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 138.5% during the second quarter. Vestmark Advisory Solutions Inc. now owns 65,912 shares of the company’s stock worth $3,012,000 after purchasing an additional 38,276 shares during the period. JPMorgan Chase & Co. grew its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 78.8% in the second quarter. JPMorgan Chase & Co. now owns 62,384 shares of the company’s stock valued at $2,850,000 after acquiring an additional 27,503 shares during the period. Flow Traders U.S. LLC bought a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the 3rd quarter valued at $1,052,000. Midwestern Financial LLC IA bought a new stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the second quarter worth about $615,000. Finally, Jmac Enterprises LLC increased its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.7% during the 2nd quarter. Jmac Enterprises LLC now owns 84,432 shares of the company’s stock worth $3,858,000 after purchasing an additional 8,156 shares in the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Up 0.0%

Shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF stock traded up $0.01 during trading on Friday, reaching $46.12. The company’s stock had a trading volume of 454 shares, compared to its average volume of 3,730. The business has a 50 day moving average price of $46.13 and a 200-day moving average price of $45.87. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 12-month low of $43.49 and a 12-month high of $46.72.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.