Short Interest in JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Declines By 80.2%

JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 6,679 shares, a decline of 80.2% from the August 15th total of 33,716 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 342,734 shares, the days-to-cover ratio is presently 0.0 days.

JPMorgan BetaBuilders International Equity ETF Stock Up 1.1%

Shares of BBIN opened at $80.25 on Friday. The firm has a market cap of $6.52 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84. The company’s fifty day moving average is $79.82 and its 200-day moving average is $77.80. JPMorgan BetaBuilders International Equity ETF has a 12 month low of $68.71 and a 12 month high of $81.80.

Hedge Funds Weigh In On JPMorgan BetaBuilders International Equity ETF

Several hedge funds have recently bought and sold shares of BBIN. Fifth Third Bancorp acquired a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the first quarter worth about $64,000. International Assets Investment Management LLC acquired a new position in shares of JPMorgan BetaBuilders International Equity ETF during the 4th quarter valued at about $79,000. Western Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders International Equity ETF during the 1st quarter valued at about $94,000. Key Financial Inc raised its stake in shares of JPMorgan BetaBuilders International Equity ETF by 13.7% in the 1st quarter. Key Financial Inc now owns 1,286 shares of the company’s stock valued at $94,000 after acquiring an additional 155 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan BetaBuilders International Equity ETF by 8.8% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,521 shares of the company’s stock valued at $182,000 after acquiring an additional 203 shares in the last quarter.

About JPMorgan BetaBuilders International Equity ETF

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.