JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Short Interest Up 287.3% in May

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,570,051 shares, a growth of 287.3% from the April 30th total of 663,566 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 1,802,813 shares, the days-to-cover ratio is currently 1.4 days.

JPMorgan BetaBuilders Japan ETF Price Performance

BBJP opened at $75.40 on Friday. The stock has a market capitalization of $16.23 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. The business has a 50-day moving average of $71.84 and a two-hundred day moving average of $70.58. JPMorgan BetaBuilders Japan ETF has a 12 month low of $58.63 and a 12 month high of $76.88.

Institutional Trading of JPMorgan BetaBuilders Japan ETF

Several institutional investors have recently made changes to their positions in BBJP. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 4th quarter valued at $28,000. Hantz Financial Services Inc. purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 3rd quarter worth $30,000. Jones Financial Companies Lllp raised its position in shares of JPMorgan BetaBuilders Japan ETF by 1,229.4% in the 3rd quarter. Jones Financial Companies Lllp now owns 452 shares of the company’s stock worth $30,000 after buying an additional 418 shares during the period. Eastern Bank purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth $42,000. Finally, Signaturefd LLC purchased a new position in shares of JPMorgan BetaBuilders Japan ETF in the 4th quarter worth $42,000.

JPMorgan BetaBuilders Japan ETF Company Profile

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.