Short Interest in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Decreases By 79.4%

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 86,246 shares, a decrease of 79.4% from the July 30th total of 418,002 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 251,935 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

Several large investors have recently modified their holdings of JSCP. Ameritas Advisory Services LLC grew its stake in shares of JPMorgan Short Duration Core Plus ETF by 88.8% in the second quarter. Ameritas Advisory Services LLC now owns 39,515 shares of the company’s stock worth $1,863,000 after acquiring an additional 18,590 shares during the last quarter. Legacy Wealth Managment LLC ID boosted its position in shares of JPMorgan Short Duration Core Plus ETF by 70.2% during the 2nd quarter. Legacy Wealth Managment LLC ID now owns 23,140 shares of the company’s stock valued at $1,091,000 after acquiring an additional 9,544 shares in the last quarter. Concurrent Investment Advisors LLC increased 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. SkyOak Wealth LLC raised its position in JPMorgan Short Duration Core Plus ETF by 7.4% in the second quarter. SkyOak Wealth LLC now owns 313,090 shares of the company’s stock worth $14,761,000 after purchasing an additional 21,644 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in JPMorgan Short Duration Core Plus ETF by 11.6% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 312,314 shares of the company’s stock worth $14,724,000 after purchasing an additional 32,417 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Trading Down 0.2%

NYSEARCA JSCP traded down $0.11 during trading on Friday, hitting $46.87. 151,647 shares of the company traded hands, compared to its average volume of 230,620. JPMorgan Short Duration Core Plus ETF has a 12 month low of $46.76 and a 12 month high of $47.87. The business has a fifty day simple moving average of $46.94 and a 200 day simple moving average of $47.16. The company has a market capitalization of $1.71 billion, a P/E ratio of 8.12 and a beta of 0.12.

About JPMorgan Short Duration Core Plus ETF

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.