JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Short Interest Down 54.5% in April

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 663,566 shares, a drop of 54.5% from the April 15th total of 1,457,212 shares. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 1,802,791 shares, the short-interest ratio is presently 0.4 days.

JPMorgan BetaBuilders Japan ETF Stock Performance

BATS:BBJP opened at $74.99 on Friday. The company has a market capitalization of $16.15 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. JPMorgan BetaBuilders Japan ETF has a one year low of $58.63 and a one year high of $76.88. The stock has a 50-day simple moving average of $70.89 and a 200 day simple moving average of $70.18.

Hedge Funds Weigh In On JPMorgan BetaBuilders Japan ETF

Hedge funds have recently bought and sold shares of the company. Atlantic Union Bankshares Corp acquired a new position in JPMorgan BetaBuilders Japan ETF in the fourth quarter worth about $28,000. Jones Financial Companies Lllp boosted its stake in JPMorgan BetaBuilders Japan ETF by 1,229.4% in the third quarter. Jones Financial Companies Lllp now owns 452 shares of the company’s stock valued at $30,000 after acquiring an additional 418 shares during the period. Hantz Financial Services Inc. acquired a new position in JPMorgan BetaBuilders Japan ETF in the third quarter valued at approximately $30,000. Eastern Bank acquired a new position in JPMorgan BetaBuilders Japan ETF in the fourth quarter valued at approximately $42,000. Finally, Signaturefd LLC acquired a new position in JPMorgan BetaBuilders Japan ETF in the fourth quarter valued at approximately $42,000.

About JPMorgan BetaBuilders Japan ETF

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.