JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) Short Interest Update

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totaling 3,012 shares, a growth of 73.0% from the December 31st total of 1,741 shares. Based on an average trading volume of 5,919 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 5,919 shares, the short-interest ratio is currently 0.5 days.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Performance

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF stock remained flat at $46.00 during midday trading on Friday. The company’s stock had a trading volume of 1,438 shares, compared to its average volume of 7,172. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 12 month low of $43.49 and a 12 month high of $46.72. The company’s fifty day simple moving average is $46.00 and its 200 day simple moving average is $45.99.

Institutional Investors Weigh In On JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC increased its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 18.0% during the second quarter. Janney Montgomery Scott LLC now owns 35,589 shares of the company’s stock valued at $1,626,000 after purchasing an additional 5,435 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 14.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 9,501 shares of the company’s stock valued at $434,000 after buying an additional 1,202 shares during the period. Vestmark Advisory Solutions Inc. grew its position in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 138.5% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 65,912 shares of the company’s stock valued at $3,012,000 after buying an additional 38,276 shares during the last quarter. Jmac Enterprises LLC raised its stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.7% during the second quarter. Jmac Enterprises LLC now owns 84,432 shares of the company’s stock worth $3,858,000 after acquiring an additional 8,156 shares during the period. Finally, Midwestern Financial LLC IA acquired a new stake in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF during the second quarter worth about $615,000.

About JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.