JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Shares Shorted: Short Interest Down 40.1% in October

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the target of a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 201,568 shares, a decline of 40.1% from the September 30th total of 336,692 shares. Based on an average daily trading volume, of 286,498 shares, the short-interest ratio is currently 0.7 days. Currently, 0.2% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Financial Management Professionals Inc. bought a new position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 2nd quarter valued at about $9,298,000. CX Institutional bought a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the 3rd quarter worth approximately $31,000. NewEdge Advisors LLC lifted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% during the first quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after purchasing an additional 275 shares during the last quarter. Finally, Arlington Trust Co LLC lifted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% during the second quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock valued at $164,000 after purchasing an additional 1,912 shares during the last quarter.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

BBAX stock opened at $62.75 on Monday. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a fifty-two week low of $53.84 and a fifty-two week high of $65.80. The firm’s 50-day simple moving average is $62.94 and its 200 day simple moving average is $61.92. The stock has a market cap of $6.01 billion, a PE ratio of 17.74 and a beta of 0.87.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.