JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) Short Interest Down 87.4% in March

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (NYSEARCA:BBCB) was the target of a significant decline in short interest in March. As of March 31st, there was short interest totaling 457 shares, a decline of 87.4% from the March 15th total of 3,618 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 2,084 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the business. CreativeOne Wealth LLC lifted its position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 14.2% during the fourth quarter. CreativeOne Wealth LLC now owns 12,709 shares of the company’s stock worth $582,000 after purchasing an additional 1,585 shares during the period. Janney Montgomery Scott LLC boosted its stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 10.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 44,765 shares of the company’s stock valued at $2,051,000 after purchasing an additional 4,328 shares in the last quarter. Cerity Partners LLC acquired a new stake in shares of JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $947,000. Integrity Alliance LLC. bought a new position in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF in the 4th quarter valued at approximately $588,000. Finally, IFP Advisors Inc raised its holdings in JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF by 60.4% in the 4th quarter. IFP Advisors Inc now owns 770 shares of the company’s stock valued at $35,000 after buying an additional 290 shares during the last quarter.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Stock Performance

NYSEARCA BBCB traded down $0.12 on Friday, hitting $45.35. 1,949 shares of the stock were exchanged, compared to its average volume of 4,282. The business’s fifty day moving average is $45.69 and its 200 day moving average is $45.96. JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF has a 52 week low of $43.65 and a 52 week high of $46.72.

JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD Investment Grade Corporate Bond ETF (BBCB) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBCB was launched on Dec 12, 2018 and is managed by JPMorgan Chase.