JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Update

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 49,649 shares, a drop of 71.2% from the April 30th total of 172,151 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 148,352 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Gateway Wealth Partners LLC bought a new position in shares of JPMorgan Short Duration Core Plus ETF in the first quarter valued at $426,000. Cetera Investment Advisers lifted its stake in shares of JPMorgan Short Duration Core Plus ETF by 249.6% in the first quarter. Cetera Investment Advisers now owns 17,809 shares of the company’s stock valued at $842,000 after buying an additional 12,715 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of JPMorgan Short Duration Core Plus ETF by 67.7% in the first quarter. PNC Financial Services Group Inc. now owns 8,903 shares of the company’s stock valued at $421,000 after buying an additional 3,593 shares in the last quarter. Legacy Wealth Managment LLC ID lifted its stake in shares of JPMorgan Short Duration Core Plus ETF by 85.0% in the first quarter. Legacy Wealth Managment LLC ID now owns 13,596 shares of the company’s stock valued at $643,000 after buying an additional 6,247 shares in the last quarter. Finally, Signet Financial Management LLC lifted its stake in shares of JPMorgan Short Duration Core Plus ETF by 5.4% in the first quarter. Signet Financial Management LLC now owns 277,982 shares of the company’s stock valued at $13,149,000 after buying an additional 14,145 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Performance

Shares of JPMorgan Short Duration Core Plus ETF stock traded up $0.04 during trading hours on Friday, reaching $47.18. The company’s stock had a trading volume of 143,641 shares, compared to its average volume of 203,590. JPMorgan Short Duration Core Plus ETF has a one year low of $46.85 and a one year high of $47.87. The company has a market capitalization of $1.43 billion, a P/E ratio of 8.12 and a beta of 0.12. The stock’s fifty day simple moving average is $47.19 and its two-hundred day simple moving average is $47.45.

About JPMorgan Short Duration Core Plus ETF

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.