Short Interest in JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BATS:BBIB) Declines By 62.9%

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BATS:BBIB) was the target of a significant drop in short interest in August. As of August 14th, there was short interest totaling 1,017 shares, a drop of 62.9% from the July 30th total of 2,742 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 677 shares, the days-to-cover ratio is presently 1.5 days.

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF Trading Down 0.4%

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF stock opened at $96.56 on Friday. JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF has a 12-month low of $96.55 and a 12-month high of $100.71. The business’s 50-day moving average price is $97.06 and its two-hundred day moving average price is $98.01.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Osaic Holdings Inc. grew its stake in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 73.3% during the second quarter. Osaic Holdings Inc. now owns 709 shares of the company’s stock worth $70,000 after buying an additional 300 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 6.3% in the 3rd quarter. Citadel Advisors LLC now owns 9,213 shares of the company’s stock valued at $918,000 after acquiring an additional 548 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 4.8% during the 4th quarter. JPMorgan Chase & Co. now owns 178,459 shares of the company’s stock valued at $17,727,000 after acquiring an additional 8,227 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF

The JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) is an exchange-traded fund that is based on the ICE U.S. Treasury 3 -7 Year TR index. The fund tracks a market value-weighted index of US Treasurys with three to ten years until maturity. Constituents are selected using the same manner that they are weighted. BBIB was launched on Apr 19, 2023 and is managed by JPMorgan Chase.