JPMorgan Active Bond ETF (NYSE:JBND) Short Interest Down 71.0% in August

JPMorgan Active Bond ETF (NYSE:JBND) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 78,789 shares, a drop of 71.0% from the August 15th total of 271,950 shares. Based on an average daily volume of 901,333 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Institutional Investors Weigh In On JPMorgan Active Bond ETF

Institutional investors have recently modified their holdings of the company. Capital Analysts LLC grew its holdings in shares of JPMorgan Active Bond ETF by 698.5% in the 2nd quarter. Capital Analysts LLC now owns 4,176 shares of the company’s stock worth $223,000 after acquiring an additional 3,653 shares during the period. Insight Wealth Partners LLC boosted its position in JPMorgan Active Bond ETF by 11.3% during the second quarter. Insight Wealth Partners LLC now owns 136,459 shares of the company’s stock worth $7,301,000 after purchasing an additional 13,885 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC grew its holdings in JPMorgan Active Bond ETF by 14.8% in the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 15,203 shares of the company’s stock valued at $813,000 after purchasing an additional 1,956 shares during the last quarter. Integrated Wealth Concepts LLC grew its holdings in JPMorgan Active Bond ETF by 10.5% in the second quarter. Integrated Wealth Concepts LLC now owns 263,754 shares of the company’s stock valued at $14,111,000 after purchasing an additional 25,039 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in JPMorgan Active Bond ETF by 10.4% in the second quarter. NewEdge Advisors LLC now owns 332,801 shares of the company’s stock valued at $17,805,000 after purchasing an additional 31,448 shares during the last quarter.

JPMorgan Active Bond ETF Stock Down 0.1%

JBND stock traded down $0.07 during trading on Friday, reaching $51.88. 752,824 shares of the company were exchanged, compared to its average volume of 962,952. The stock’s 50 day moving average price is $52.73 and its 200 day moving average price is $53.34. JPMorgan Active Bond ETF has a 52-week low of $51.85 and a 52-week high of $55.78.

JPMorgan Active Bond ETF Company Profile

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.