JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Short Interest Up 292.6% in December

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 23,762 shares, an increase of 292.6% from the November 30th total of 6,052 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 17,332 shares, the short-interest ratio is presently 1.4 days. Based on an average daily volume of 17,332 shares, the short-interest ratio is presently 1.4 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of BBMC. ACT Advisors LLC. increased its position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 0.9% during the 2nd quarter. ACT Advisors LLC. now owns 14,202 shares of the company’s stock worth $1,384,000 after purchasing an additional 126 shares during the last quarter. Bank of America Corp DE grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% in the second quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock valued at $655,000 after buying an additional 216 shares in the last quarter. Steward Partners Investment Advisory LLC increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 8.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 3,207 shares of the company’s stock worth $313,000 after buying an additional 243 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 26.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,260 shares of the company’s stock worth $114,000 after buying an additional 264 shares during the last quarter. Finally, Ascent Group LLC raised its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 13.0% during the third quarter. Ascent Group LLC now owns 3,171 shares of the company’s stock worth $330,000 after acquiring an additional 364 shares in the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Price Performance

NYSEARCA:BBMC traded down $0.29 on Friday, hitting $108.65. 2,020 shares of the company’s stock were exchanged, compared to its average volume of 40,406. The firm has a 50-day moving average price of $105.77 and a 200-day moving average price of $102.74. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 52 week low of $77.29 and a 52 week high of $110.04. The company has a market cap of $2.04 billion, a P/E ratio of 18.31 and a beta of 1.12.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.