JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Short Interest Update

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 598,236 shares, a growth of 93.9% from the August 15th total of 308,607 shares. Based on an average trading volume of 1,112,843 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On JPMorgan BetaBuilders Japan ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Integrated Wealth Concepts LLC bought a new stake in shares of JPMorgan BetaBuilders Japan ETF in the second quarter worth $48,000. NewEdge Advisors LLC lifted its holdings in JPMorgan BetaBuilders Japan ETF by 345.0% in the second quarter. NewEdge Advisors LLC now owns 3,217 shares of the company’s stock valued at $242,000 after acquiring an additional 2,494 shares during the period. Baird Financial Group Inc. boosted its position in JPMorgan BetaBuilders Japan ETF by 1.6% in the second quarter. Baird Financial Group Inc. now owns 61,204 shares of the company’s stock worth $4,609,000 after purchasing an additional 944 shares during the last quarter. Range Advisory LLC purchased a new position in JPMorgan BetaBuilders Japan ETF in the second quarter worth about $207,000. Finally, Allianz Asset Management GmbH bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the 2nd quarter valued at about $452,000.

JPMorgan BetaBuilders Japan ETF Stock Down 0.9%

Shares of JPMorgan BetaBuilders Japan ETF stock opened at $78.82 on Tuesday. The company has a market cap of $16.97 billion, a price-to-earnings ratio of 14.47 and a beta of 0.65. The company’s 50 day moving average is $76.47 and its 200 day moving average is $74.11. JPMorgan BetaBuilders Japan ETF has a twelve month low of $64.62 and a twelve month high of $79.72.

JPMorgan BetaBuilders Japan ETF Company Profile

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