JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Sees Significant Growth in Short Interest

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 14,285 shares, a growth of 86.0% from the January 15th total of 7,679 shares. Based on an average daily volume of 117,652 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 117,652 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

Large investors have recently modified their holdings of the business. MGO One Seven LLC purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the 2nd quarter worth approximately $567,000. Cornerstone Planning Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the fourth quarter valued at approximately $122,000. Sanctuary Advisors LLC increased its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 1,507.1% in the fourth quarter. Sanctuary Advisors LLC now owns 34,055 shares of the company’s stock valued at $3,631,000 after purchasing an additional 31,936 shares during the last quarter. TBH Global Asset Management LLC purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the fourth quarter worth approximately $1,630,000. Finally, Geneos Wealth Management Inc. lifted its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 5.4% during the fourth quarter. Geneos Wealth Management Inc. now owns 2,252 shares of the company’s stock worth $240,000 after buying an additional 116 shares in the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Performance

NYSEARCA:BBMC traded up $1.42 during trading hours on Friday, reaching $114.66. The company’s stock had a trading volume of 33,528 shares, compared to its average volume of 61,118. The company has a market capitalization of $2.00 billion, a P/E ratio of 18.31 and a beta of 1.12. The stock has a 50 day moving average price of $111.08 and a two-hundred day moving average price of $106.25. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12 month low of $77.29 and a 12 month high of $116.25.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.