JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Update

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 552,934 shares, an increase of 411.9% from the June 15th total of 108,007 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily volume of 285,416 shares, the days-to-cover ratio is presently 1.9 days.

JPMorgan BetaBuilders Europe ETF Stock Performance

Shares of BATS:BBEU opened at $77.58 on Friday. JPMorgan BetaBuilders Europe ETF has a 52-week low of $64.97 and a 52-week high of $79.64. The company has a market capitalization of $5.26 billion, a P/E ratio of 16.78 and a beta of 0.93. The company has a 50-day simple moving average of $77.40 and a 200 day simple moving average of $76.02.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

A number of hedge funds have recently made changes to their positions in BBEU. JPMorgan Chase & Co. raised its stake in JPMorgan BetaBuilders Europe ETF by 159.3% in the 4th quarter. JPMorgan Chase & Co. now owns 91,996,902 shares of the company’s stock valued at $6,743,373,000 after acquiring an additional 56,521,262 shares during the period. Jane Street Group LLC boosted its position in JPMorgan BetaBuilders Europe ETF by 154.5% during the fourth quarter. Jane Street Group LLC now owns 1,165,348 shares of the company’s stock worth $85,420,000 after purchasing an additional 707,519 shares during the period. Bank of America Corp DE increased its holdings in shares of JPMorgan BetaBuilders Europe ETF by 119.4% in the third quarter. Bank of America Corp DE now owns 983,021 shares of the company’s stock valued at $68,428,000 after purchasing an additional 534,918 shares during the last quarter. Elm Partners Management LLC increased its holdings in shares of JPMorgan BetaBuilders Europe ETF by 11.0% in the fourth quarter. Elm Partners Management LLC now owns 556,073 shares of the company’s stock valued at $40,760,000 after purchasing an additional 55,283 shares during the last quarter. Finally, Curbstone Financial Management Corp raised its position in shares of JPMorgan BetaBuilders Europe ETF by 111.7% in the fourth quarter. Curbstone Financial Management Corp now owns 62,830 shares of the company’s stock valued at $4,605,000 after purchasing an additional 33,150 shares during the period.

JPMorgan BetaBuilders Europe ETF Company Profile

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