JPMorgan Active Bond ETF (NYSE:JBND) Short Interest Down 71.0% in August

JPMorgan Active Bond ETF (NYSE:JBND) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 78,789 shares, a decline of 71.0% from the August 15th total of 271,950 shares. Based on an average daily trading volume, of 901,333 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

JPMorgan Active Bond ETF Price Performance

NYSE JBND traded down $0.07 during trading hours on Friday, reaching $51.88. The company’s stock had a trading volume of 752,824 shares, compared to its average volume of 962,952. The company’s 50-day moving average is $52.73 and its two-hundred day moving average is $53.34. JPMorgan Active Bond ETF has a fifty-two week low of $51.85 and a fifty-two week high of $55.78.

Institutional Trading of JPMorgan Active Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Janney Montgomery Scott LLC raised its position in shares of JPMorgan Active Bond ETF by 255.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 2,054,089 shares of the company’s stock worth $111,065,000 after purchasing an additional 1,476,606 shares during the last quarter. Global Retirement Partners LLC grew its holdings in JPMorgan Active Bond ETF by 22.0% during the 4th quarter. Global Retirement Partners LLC now owns 176,231 shares of the company’s stock valued at $9,529,000 after buying an additional 31,806 shares during the last quarter. MML Investors Services LLC grew its holdings in JPMorgan Active Bond ETF by 31.6% during the 4th quarter. MML Investors Services LLC now owns 1,401,713 shares of the company’s stock valued at $75,791,000 after buying an additional 336,831 shares during the last quarter. Larson Financial Group LLC grew its holdings in JPMorgan Active Bond ETF by 11.2% during the 4th quarter. Larson Financial Group LLC now owns 608,573 shares of the company’s stock valued at $32,906,000 after buying an additional 61,408 shares during the last quarter. Finally, Ignite Planners LLC increased its position in JPMorgan Active Bond ETF by 230.6% during the fourth quarter. Ignite Planners LLC now owns 15,385 shares of the company’s stock worth $833,000 after buying an additional 10,731 shares in the last quarter.

About JPMorgan Active Bond ETF

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.