Short Interest in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Grows By 77.4%

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 246,846 shares, an increase of 77.4% from the June 15th total of 139,114 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 235,499 shares, the short-interest ratio is presently 1.0 days.

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

Hedge funds have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% in the 1st quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock valued at $31,000 after buying an additional 275 shares during the period. BOKF NA purchased a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the fourth quarter valued at approximately $41,000. Osaic Holdings Inc. grew its holdings in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 20.2% during the second quarter. Osaic Holdings Inc. now owns 2,732 shares of the company’s stock worth $149,000 after acquiring an additional 459 shares during the period. Arlington Trust Co LLC grew its holdings 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 worth $164,000 after acquiring an additional 1,912 shares during the period. Finally, Seven Mile Advisory purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the third quarter worth $201,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Stock Performance

Shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF stock opened at $62.07 on Friday. The company’s fifty day moving average is $61.06 and its two-hundred day moving average is $60.80. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 1 year low of $53.84 and a 1 year high of $64.31. The company has a market capitalization of $5.95 billion, a P/E ratio of 17.74 and a beta of 0.87.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

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.