JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) Stock Short Interest Report for October

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) was the recipient of a significant decrease in short interest during the month of October. As of October 30th, there was short interest totaling 3,077 shares, a decrease of 60.0% from the October 15th total of 7,696 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 10,838 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of BBMC. Bank of America Corp DE boosted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 273.4% in the 1st quarter. Bank of America Corp DE now owns 12,640 shares of the company’s stock valued at $1,370,000 after purchasing an additional 9,255 shares during the last quarter. Citadel Advisors LLC grew its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 52.8% in the second quarter. Citadel Advisors LLC now owns 19,405 shares of the company’s stock worth $2,467,000 after acquiring an additional 6,705 shares during the period. Private Advisor Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the third quarter worth $723,000. Gradient Investments LLC purchased a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the third quarter valued at $700,000. Finally, Royal Bank of Canada lifted its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 92.8% in the 1st quarter. Royal Bank of Canada now owns 6,149 shares of the company’s stock valued at $667,000 after purchasing an additional 2,959 shares during the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Performance

BBMC traded down $0.15 during trading on Friday, hitting $123.49. 5,711 shares of the stock were exchanged, compared to its average volume of 30,979. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 1 year low of $99.77 and a 1 year high of $130.07. The firm has a 50 day simple moving average of $122.83 and a 200 day simple moving average of $120.42. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 18.34 and a beta of 1.09.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Company Profile

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.