JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Down 73.4% in July

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 146,990 shares, a decrease of 73.4% from the June 30th total of 552,934 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 326,081 shares, the days-to-cover ratio is presently 0.5 days.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BBEU opened at $77.28 on Monday. JPMorgan BetaBuilders Europe ETF has a one year low of $64.97 and a one year high of $79.64. The company has a market cap of $5.24 billion, a P/E ratio of 16.78 and a beta of 0.93. The firm has a 50 day simple moving average of $77.54 and a two-hundred day simple moving average of $76.30.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in JPMorgan BetaBuilders Europe ETF by 2.6% in the third quarter. Ameriprise Financial Inc. now owns 5,677 shares of the company’s stock worth $395,000 after purchasing an additional 145 shares during the period. Cetera Investment Advisers lifted its holdings in shares of JPMorgan BetaBuilders Europe ETF by 0.4% in the first quarter. Cetera Investment Advisers now owns 39,540 shares of the company’s stock valued at $2,863,000 after purchasing an additional 171 shares in the last quarter. Arkadios Wealth Advisors boosted its position in shares of JPMorgan BetaBuilders Europe ETF by 4.2% during the first quarter. Arkadios Wealth Advisors now owns 4,577 shares of the company’s stock valued at $331,000 after buying an additional 185 shares during the last quarter. Orion Porfolio Solutions LLC grew its holdings in JPMorgan BetaBuilders Europe ETF by 4.4% during the third quarter. Orion Porfolio Solutions LLC now owns 4,724 shares of the company’s stock worth $329,000 after buying an additional 198 shares in the last quarter. Finally, Ironwood Investment Counsel LLC raised its position in JPMorgan BetaBuilders Europe ETF by 6.4% in the 1st quarter. Ironwood Investment Counsel LLC now owns 3,523 shares of the company’s stock valued at $255,000 after buying an additional 212 shares during the last quarter.

About JPMorgan BetaBuilders Europe ETF

The JPMorgan BetaBuilders Europe ETF (BBEU) 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 European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.