JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Up 371.1% in January

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 222,899 shares, an increase of 371.1% from the January 15th total of 47,313 shares. Based on an average daily trading volume, of 386,041 shares, the short-interest ratio is presently 0.6 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 386,041 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. EP Wealth Advisors LLC lifted its position in shares of JPMorgan Short Duration Core Plus ETF by 48.7% during the 2nd quarter. EP Wealth Advisors LLC now owns 1,863,913 shares of the company’s stock worth $88,424,000 after buying an additional 610,119 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Short Duration Core Plus ETF by 3.2% in the 4th quarter. JPMorgan Chase & Co. now owns 1,794,460 shares of the company’s stock valued at $85,339,000 after purchasing an additional 55,424 shares in the last quarter. CWM LLC boosted its stake in shares of JPMorgan Short Duration Core Plus ETF by 6.3% in the 4th quarter. CWM LLC now owns 897,404 shares of the company’s stock valued at $42,678,000 after purchasing an additional 53,273 shares in the last quarter. Roberts Wealth Advisors LLC grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 33.7% in the 4th quarter. Roberts Wealth Advisors LLC now owns 497,126 shares of the company’s stock worth $23,642,000 after purchasing an additional 125,393 shares during the last quarter. Finally, Apella Capital LLC increased its position in shares of JPMorgan Short Duration Core Plus ETF by 2.9% during the 4th quarter. Apella Capital LLC now owns 462,858 shares of the company’s stock worth $22,012,000 after purchasing an additional 13,019 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of NYSEARCA JSCP traded up $0.05 during trading hours on Friday, hitting $47.74. 83,955 shares of the stock were exchanged, compared to its average volume of 269,007. JPMorgan Short Duration Core Plus ETF has a one year low of $46.42 and a one year high of $47.80. The company’s 50 day moving average is $47.60 and its 200 day moving average is $47.56. The firm has a market capitalization of $1.28 billion, a P/E ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1707 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.3%.

JPMorgan Short Duration Core Plus ETF Company Profile

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.