JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUS) Short Interest Up 346.5% in June

JPMorgan BetaBuilders U.S. Equity ETF (BATS:BBUSGet Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 197,011 shares, an increase of 346.5% from the June 15th total of 44,122 shares. Based on an average daily volume of 205,023 shares, the short-interest ratio is currently 1.0 days. Currently, 0.4% of the shares of the stock are sold short.

JPMorgan BetaBuilders U.S. Equity ETF Stock Performance

Shares of BATS:BBUS opened at $136.11 on Friday. The stock has a market capitalization of $6.10 billion, a price-to-earnings ratio of 25.39 and a beta of 1.02. JPMorgan BetaBuilders U.S. Equity ETF has a 1-year low of $111.95 and a 1-year high of $137.20. The company has a 50 day moving average price of $133.94 and a 200 day moving average price of $126.98.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Equity ETF

Several large investors have recently modified their holdings of the stock. Hoey Investments Inc. acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 4th quarter worth $25,000. Smartleaf Asset Management LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Equity ETF during the second quarter valued at $32,000. US Bancorp DE acquired a new position in shares of JPMorgan BetaBuilders U.S. Equity ETF in the 3rd quarter valued at $43,000. NewEdge Advisors LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Equity ETF by 462.8% in the 1st quarter. NewEdge Advisors LLC now owns 439 shares of the company’s stock valued at $44,000 after purchasing an additional 361 shares during the period. Finally, IFC & Insurance Marketing Inc. purchased a new position in JPMorgan BetaBuilders U.S. Equity ETF in the 4th quarter worth about $49,000.

About JPMorgan BetaBuilders U.S. Equity ETF

(Get Free Report)

The JPMorgan BetaBuilders U.S. Equity ETF (BBUS) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of US equities, selected and weighted by market cap. BBUS was launched on Mar 12, 2019 and is managed by JPMorgan Chase.

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