Short Interest in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Grows By 58.2%

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the recipient of a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 35,833 shares, a growth of 58.2% from the February 12th total of 22,647 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 144,826 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 144,826 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

A number of large investors have recently made changes to their positions in JSCP. TD Capital Management LLC lifted its stake in JPMorgan Short Duration Core Plus ETF by 29.2% in the fourth quarter. TD Capital Management LLC now owns 280,323 shares of the company’s stock valued at $13,331,000 after buying an additional 63,310 shares during the last quarter. Barnes Wealth Management Group Inc grew its position in shares of JPMorgan Short Duration Core Plus ETF by 4.5% during the fourth quarter. Barnes Wealth Management Group Inc now owns 5,414 shares of the company’s stock worth $257,000 after acquiring an additional 232 shares during the last quarter. Capstone Wealth Management Inc. purchased a new position in shares of JPMorgan Short Duration Core Plus ETF during the fourth quarter worth approximately $997,000. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF in the 4th quarter valued at $101,684,000. Finally, Main Street Financial Solutions LLC increased its holdings in shares of JPMorgan Short Duration Core Plus ETF by 18.9% in the 4th quarter. Main Street Financial Solutions LLC now owns 144,378 shares of the company’s stock valued at $6,866,000 after acquiring an additional 22,917 shares during the period.

JPMorgan Short Duration Core Plus ETF Trading Down 0.1%

NYSEARCA:JSCP traded down $0.03 during midday trading on Friday, hitting $47.29. 156,681 shares of the company were exchanged, compared to its average volume of 231,830. JPMorgan Short Duration Core Plus ETF has a fifty-two week low of $46.42 and a fifty-two week high of $47.87. The company has a market capitalization of $1.27 billion, a PE ratio of 8.12 and a beta of 0.13. The company has a fifty day simple moving average of $47.62 and a 200 day simple moving average of $47.60.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1703 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis 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.