JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Update

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) saw a significant drop in short interest in the month of December. As of December 31st, there was short interest totaling 42,803 shares, a drop of 29.7% from the December 15th total of 60,851 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 246,396 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 246,396 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Investors Weigh In On JPMorgan Short Duration Core Plus ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in JSCP. Flow Traders U.S. LLC bought a new stake in shares of JPMorgan Short Duration Core Plus ETF in the second quarter worth $2,222,000. Barnes Pettey Financial Advisors LLC bought a new stake in JPMorgan Short Duration Core Plus ETF during the 2nd quarter worth about $551,000. Apella Capital LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF during the 3rd quarter worth about $21,448,000. Roof Eidam Maycock Peralta LLC grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 5.7% in the 3rd quarter. Roof Eidam Maycock Peralta LLC now owns 325,087 shares of the company’s stock valued at $15,477,000 after acquiring an additional 17,497 shares in the last quarter. Finally, Prospera Financial Services Inc acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the second quarter valued at about $273,000.

JPMorgan Short Duration Core Plus ETF Trading Down 0.1%

Shares of NYSEARCA:JSCP traded down $0.06 during trading on Monday, hitting $47.53. 202,918 shares of the company’s stock traded hands, compared to its average volume of 216,283. The company has a 50-day moving average price of $47.59 and a 200-day moving average price of $47.51. JPMorgan Short Duration Core Plus ETF has a 52 week low of $46.42 and a 52 week high of $47.80. The company has a market cap of $1.21 billion, a price-to-earnings ratio of 8.12 and a beta of 0.13.

About JPMorgan Short Duration Core Plus ETF

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.