JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Short Interest Update

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) was the recipient of a significant growth in short interest in August. As of August 31st, there was short interest totaling 59,361 shares, a growth of 136.1% from the August 15th total of 25,138 shares. Approximately 0.6% of the shares of the company are sold short. Based on an average daily volume of 42,112 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. LPL Financial LLC boosted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 5.7% during the 4th quarter. LPL Financial LLC now owns 1,068,484 shares of the company’s stock worth $49,684,000 after purchasing an additional 57,776 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 9.7% in the third quarter. Bank of America Corp DE now owns 973,990 shares of the company’s stock valued at $45,778,000 after buying an additional 86,326 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 3.3% during the 4th quarter. HighTower Advisors LLC now owns 486,077 shares of the company’s stock valued at $22,603,000 after acquiring an additional 15,562 shares during the period. Janney Montgomery Scott LLC lifted its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 11.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 459,172 shares of the company’s stock valued at $21,351,000 after acquiring an additional 48,832 shares during the period. Finally, Jane Street Group LLC purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $7,641,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Price Performance

Shares of BATS:BBHY opened at $45.20 on Monday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 52 week low of $45.18 and a 52 week high of $47.11. The company has a 50-day moving average price of $45.73 and a 200 day moving average price of $45.91. The company has a market cap of $444.32 million, a P/E ratio of 60.43 and a beta of 0.40.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield 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. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.