JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Stock Short Interest Drops 84.1%

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 68,515 shares, a decline of 84.1% from the September 15th total of 431,584 shares. Based on an average daily volume of 516,276 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Several large investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC grew its holdings in JPMorgan Limited Duration Bond ETF by 217,192.3% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock valued at $45,641,000 after buying an additional 875,285 shares in the last quarter. Schiavi & Co LLC boosted its position in shares of JPMorgan Limited Duration Bond ETF by 9.4% during the 4th quarter. Schiavi & Co LLC now owns 805,931 shares of the company’s stock valued at $42,181,000 after acquiring an additional 69,539 shares during the last quarter. Bank of America Corp DE lifted its position in JPMorgan Limited Duration Bond ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock valued at $21,023,000 after purchasing an additional 13,694 shares during the last quarter. MBM Wealth Consultants LLC boosted its holdings in shares of JPMorgan Limited Duration Bond ETF by 11.5% in the 1st quarter. MBM Wealth Consultants LLC now owns 339,073 shares of the company’s stock worth $17,696,000 after purchasing an additional 34,923 shares during the period. Finally, Scott Capital Advisors LLC boosted its stake in shares of JPMorgan Limited Duration Bond ETF by 720.9% during the 2nd quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock worth $16,795,000 after purchasing an additional 282,602 shares during the period.

JPMorgan Limited Duration Bond ETF Price Performance

JPLD traded down $0.04 during midday trading on Friday, hitting $51.31. 692,758 shares of the company traded hands, compared to its average volume of 501,141. The company’s 50-day moving average is $51.73 and its 200 day moving average is $51.97. JPMorgan Limited Duration Bond ETF has a 52 week low of $50.92 and a 52 week high of $52.75.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.