JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Sees Significant Increase in Short Interest

JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 108,168 shares, a growth of 87.5% from the June 15th total of 57,681 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 207,244 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders International Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. WNY Asset Management LLC acquired a new position in JPMorgan BetaBuilders International Equity ETF in the 1st quarter worth approximately $15,155,000. Western Wealth Management LLC acquired a new stake in JPMorgan BetaBuilders International Equity ETF during the 1st quarter valued at approximately $94,000. Graney & King LLC boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 10.1% in the 1st quarter. Graney & King LLC now owns 148,332 shares of the company’s stock valued at $10,846,000 after acquiring an additional 13,554 shares during the last quarter. Gateway Wealth Partners LLC boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 138.6% in the 1st quarter. Gateway Wealth Partners LLC now owns 225,948 shares of the company’s stock valued at $16,521,000 after acquiring an additional 131,239 shares during the last quarter. Finally, Wealth Alliance LLC purchased a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the 1st quarter valued at $282,000.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN opened at $78.66 on Thursday. The stock has a 50-day moving average of $78.16 and a two-hundred day moving average of $76.59. The stock has a market cap of $6.39 billion, a P/E ratio of 16.24 and a beta of 0.84. JPMorgan BetaBuilders International Equity ETF has a one year low of $65.56 and a one year high of $80.37.

JPMorgan BetaBuilders International Equity ETF Company Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.