JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Sees Large Decrease in Short Interest

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) was the target of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,523 shares, a decrease of 48.8% from the August 15th total of 6,877 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 81,694 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan Inflation Managed Bond ETF Stock Performance

Shares of NYSEARCA:JCPI opened at $46.56 on Thursday. The stock’s fifty day simple moving average is $47.41 and its two-hundred day simple moving average is $47.99. JPMorgan Inflation Managed Bond ETF has a 1-year low of $46.56 and a 1-year high of $50.95.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in JCPI. International Assets Investment Management LLC bought a new stake in JPMorgan Inflation Managed Bond ETF in the 4th quarter worth about $25,000. Advisory Solutions Group LLC purchased a new position in shares of JPMorgan Inflation Managed Bond ETF in the 2nd quarter worth approximately $226,000. Prism Advisors Inc. purchased a new position in shares of JPMorgan Inflation Managed Bond ETF in the 1st quarter worth approximately $320,000. Ameritas Advisory Services LLC bought a new position in shares of JPMorgan Inflation Managed Bond ETF in the second quarter valued at approximately $796,000. Finally, Concurrent Investment Advisors LLC grew its holdings in shares of JPMorgan Inflation Managed Bond ETF by 37.5% in the second quarter. Concurrent Investment Advisors LLC now owns 17,720 shares of the company’s stock valued at $943,000 after acquiring an additional 4,834 shares in the last quarter.

JPMorgan Inflation Managed Bond ETF Company Profile

The JPMorgan Inflation Managed Bond ETF (JCPI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to protect total return by holding a broad portfolio of US investment-grade bonds that is equivalent to those of inflation-protected securities. The actively managed fund makes use of swaps to hedge inflation risk. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.