JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BATS:BBSB) Short Interest Update

JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BATS:BBSB) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 6,686 shares, an increase of 234.3% from the April 30th total of 2,000 shares. Currently, 2.2% of the company’s stock are sold short. Based on an average daily volume of 2,669 shares, the days-to-cover ratio is currently 2.5 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF

A hedge fund recently bought a new stake in JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF stock. Jane Street Group LLC acquired a new position in shares of JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BATS:BBSB) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 8,030 shares of the company’s stock, valued at approximately $797,000. Jane Street Group LLC owned 2.59% of JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF as of its most recent SEC filing.

JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF Stock Performance

Shares of JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF stock opened at $98.45 on Friday. The firm’s 50-day simple moving average is $98.56 and its 200-day simple moving average is $99.00. JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF has a 1 year low of $98.15 and a 1 year high of $99.58.

About JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF

The JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB) is an exchange-traded fund that is based on the ICE BofA US Treasury Bond (1-3 Y) index. The fund tracks a market value-weighted index of US Treasurys with one to three years until maturity. Constituents are selected using the same manner that they are weighted. BBSB was launched on Apr 19, 2023 and is managed by JPMorgan Chase.