JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Update

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 49,649 shares, a drop of 71.2% from the April 30th total of 172,151 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 148,352 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On JPMorgan Short Duration Core Plus ETF

Large investors have recently made changes to their positions in the company. Colonial Trust Advisors increased its stake in shares of JPMorgan Short Duration Core Plus ETF by 164.2% in the fourth quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock valued at $34,000 after purchasing an additional 440 shares during the period. Royal Bank of Canada acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the fourth quarter valued at approximately $55,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the second quarter valued at approximately $77,000. Flagship Capital Management Inc. acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the fourth quarter valued at approximately $206,000. Finally, Barnes Wealth Management Group Inc increased its stake in shares of JPMorgan Short Duration Core Plus ETF by 10.4% in the third quarter. Barnes Wealth Management Group Inc now owns 5,182 shares of the company’s stock valued at $247,000 after purchasing an additional 488 shares during the period.

JPMorgan Short Duration Core Plus ETF Trading Up 0.1%

Shares of NYSEARCA:JSCP opened at $47.14 on Friday. The firm’s 50 day moving average is $47.19 and its two-hundred day moving average is $47.46. JPMorgan Short Duration Core Plus ETF has a 52 week low of $46.85 and a 52 week high of $47.87. The firm has a market capitalization of $1.42 billion, a P/E ratio of 8.12 and a beta of 0.12.

About JPMorgan Short Duration Core Plus ETF

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.