JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Stock Short Interest Falls 80.9%

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 10,284 shares, a decline of 80.9% from the September 15th total of 53,944 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 239,726 shares, the short-interest ratio is currently 0.0 days.

JPMorgan Short Duration Core Plus ETF Price Performance

NYSEARCA:JSCP opened at $46.00 on Friday. The stock’s 50 day moving average price is $46.53 and its two-hundred day moving average price is $46.89. The firm has a market capitalization of $1.83 billion, a price-to-earnings ratio of 8.12 and a beta of 0.12. JPMorgan Short Duration Core Plus ETF has a 12-month low of $45.78 and a 12-month high of $47.87.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Cedar Mountain Advisors LLC acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the 2nd quarter valued at about $139,000. Shulman DeMeo Asset Management LLC bought a new position in JPMorgan Short Duration Core Plus ETF in the third quarter worth approximately $238,000. Barnes Wealth Management Group Inc boosted its holdings in JPMorgan Short Duration Core Plus ETF by 4.5% in the fourth quarter. Barnes Wealth Management Group Inc now owns 5,414 shares of the company’s stock worth $257,000 after acquiring an additional 232 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in JPMorgan Short Duration Core Plus ETF by 38.9% in the second quarter. Concurrent Investment Advisors LLC now owns 5,953 shares of the company’s stock valued at $281,000 after acquiring an additional 1,666 shares during the period. Finally, Bank of New Hampshire increased its holdings in shares of JPMorgan Short Duration Core Plus ETF by 94.8% during the third quarter. Bank of New Hampshire now owns 5,990 shares of the company’s stock valued at $275,000 after acquiring an additional 2,915 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Company Profile

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.