JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Shares Shorted: Short Interest Up 111.1% in September

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) saw a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,686,454 shares, a growth of 111.1% from the September 15th total of 798,761 shares. Approximately 0.5% of the shares of the company are sold short. Based on an average daily volume of 4,380,010 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On JPMorgan Core Plus Bond ETF

Several hedge funds have recently made changes to their positions in the business. Stonehearth Capital Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 4.6% during the 1st quarter. Stonehearth Capital Management LLC now owns 7,576 shares of the company’s stock valued at $357,000 after purchasing an additional 331 shares in the last quarter. Nolet Wealth Management LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 1.8% in the 2nd quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock valued at $1,335,000 after purchasing an additional 501 shares in the last quarter. First Citizens Financial Corp raised its position in shares of JPMorgan Core Plus Bond ETF by 2.9% in the 2nd quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock valued at $1,012,000 after purchasing an additional 600 shares in the last quarter. Semus Wealth Partners LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 10.9% in the 1st quarter. Semus Wealth Partners LLC now owns 6,535 shares of the company’s stock valued at $308,000 after purchasing an additional 642 shares in the last quarter. Finally, SHP Wealth Management purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $31,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JPMorgan Core Plus Bond ETF stock traded up $0.05 on Wednesday, hitting $44.86. The company had a trading volume of 2,679,020 shares, compared to its average volume of 2,062,001. JPMorgan Core Plus Bond ETF has a 52 week low of $44.40 and a 52 week high of $48.17. The company has a market cap of $15.63 billion, a PE ratio of 60.35 and a beta of 0.26. The business has a 50-day simple moving average of $45.60 and a 200-day simple moving average of $46.35.

JPMorgan Core Plus Bond ETF Company Profile

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.