JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Sees Large Increase in Short Interest

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 306,198 shares, an increase of 689.8% from the April 30th total of 38,770 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily trading volume, of 211,154 shares, the short-interest ratio is currently 1.5 days.

Institutional Trading of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

Several institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. lifted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 1.9% during the third quarter. JPMorgan Chase & Co. now owns 81,451,909 shares of the company’s stock worth $4,589,001,000 after purchasing an additional 1,526,729 shares in the last quarter. Syon Capital LLC lifted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 27.5% during the third quarter. Syon Capital LLC now owns 47,295 shares of the company’s stock worth $2,665,000 after purchasing an additional 10,212 shares in the last quarter. Ameriprise Financial Inc. acquired a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth $212,000. Brown Brothers Harriman & Co. lifted its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 3.4% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 6,548 shares of the company’s stock worth $369,000 after acquiring an additional 218 shares in the last quarter. Finally, Seven Mile Advisory purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 3rd quarter valued at about $201,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Trading Down 0.3%

Shares of BBAX opened at $61.39 on Thursday. The firm has a market cap of $5.88 billion, a P/E ratio of 17.74 and a beta of 0.87. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 12-month low of $52.35 and a 12-month high of $64.31. The company’s 50-day moving average price is $61.29 and its 200 day moving average price is $59.59.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) 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-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.