JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) Stock Short Interest Report for October

JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) was the target of a large decline in short interest in October. As of October 30th, there was short interest totaling 36,895 shares, a decline of 83.2% from the October 15th total of 219,455 shares. Based on an average daily trading volume, of 245,923 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

JPMorgan International Bond Opportunities ETF Stock Down 0.0%

JPIB stock traded down $0.02 during trading on Friday, reaching $46.66. The stock had a trading volume of 162,193 shares, compared to its average volume of 268,159. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 4.86 and a beta of 0.26. The company’s 50 day moving average is $46.92 and its two-hundred day moving average is $47.89. JPMorgan International Bond Opportunities ETF has a one year low of $46.38 and a one year high of $49.42.

Hedge Funds Weigh In On JPMorgan International Bond Opportunities ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Sonoma Allocations LLC increased its position in JPMorgan International Bond Opportunities ETF by 1.7% during the 3rd quarter. Sonoma Allocations LLC now owns 152,850 shares of the company’s stock valued at $7,104,000 after purchasing an additional 2,508 shares during the period. Bleakley Financial Group LLC increased its position in JPMorgan International Bond Opportunities ETF by 5.9% during the third quarter. Bleakley Financial Group LLC now owns 189,160 shares of the company’s stock valued at $8,834,000 after acquiring an additional 10,605 shares during the last quarter. Advisors Asset Management Inc. bought a new position in shares of JPMorgan International Bond Opportunities ETF in the 3rd quarter worth approximately $457,000. Beta Wealth Group Inc. purchased a new position in shares of JPMorgan International Bond Opportunities ETF during the 3rd quarter worth $1,766,000. Finally, Berger Financial Group Inc raised its stake in shares of JPMorgan International Bond Opportunities ETF by 3.3% in the third quarter. Berger Financial Group Inc now owns 35,267 shares of the company’s stock worth $1,647,000 after buying an additional 1,140 shares during the period.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.