Short Interest in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Increases By 746.0%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 3,553 shares, a growth of 746.0% from the February 12th total of 420 shares. Based on an average trading volume of 11,353 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 11,353 shares, the days-to-cover ratio is currently 0.3 days.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 2.2%

Shares of NYSEARCA BBSC traded down $1.66 during midday trading on Thursday, reaching $74.36. 3,338 shares of the stock were exchanged, compared to its average volume of 28,015. The firm has a market cap of $635.78 million, a price-to-earnings ratio of 18.09 and a beta of 1.14. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a twelve month low of $51.75 and a twelve month high of $81.04. The firm has a 50-day simple moving average of $78.40 and a two-hundred day simple moving average of $75.80.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Steward Partners Investment Advisory LLC purchased a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the second quarter valued at $39,000. Geneos Wealth Management Inc. boosted its stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after acquiring an additional 228 shares in the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% during the 2nd quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock valued at $149,000 after acquiring an additional 1,212 shares during the period. Elevation Wealth Management LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the 4th quarter valued at about $226,000. Finally, Triad Wealth Partners LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 4th quarter valued at about $280,000.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.