Short Interest in JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Decreases By 75.5%

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) was the target of a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 108,007 shares, a drop of 75.5% from the May 31st total of 441,711 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average trading volume of 322,205 shares, the short-interest ratio is presently 0.3 days.

JPMorgan BetaBuilders Europe ETF Trading Down 0.7%

Shares of BATS:BBEU opened at $76.47 on Friday. The stock has a market capitalization of $5.18 billion, a P/E ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 1-year low of $64.97 and a 1-year high of $79.64. The business has a 50-day moving average price of $77.11 and a two-hundred day moving average price of $75.63.

Hedge Funds Weigh In On JPMorgan BetaBuilders Europe ETF

Several large investors have recently bought and sold shares of the business. Choreo LLC raised its position in shares of JPMorgan BetaBuilders Europe ETF by 215.1% during the 4th quarter. Choreo LLC now owns 13,267 shares of the company’s stock valued at $976,000 after acquiring an additional 9,056 shares during the last quarter. Curbstone Financial Management Corp lifted its stake in shares of JPMorgan BetaBuilders Europe ETF by 111.7% in the 4th quarter. Curbstone Financial Management Corp now owns 62,830 shares of the company’s stock valued at $4,605,000 after purchasing an additional 33,150 shares during the period. Elm Partners Management LLC boosted its position in shares of JPMorgan BetaBuilders Europe ETF by 11.0% in the 4th quarter. Elm Partners Management LLC now owns 556,073 shares of the company’s stock worth $40,760,000 after purchasing an additional 55,283 shares during the last quarter. Cedarwood Wealth LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF in the 4th quarter worth $511,000. Finally, Greenwood Capital Associates LLC grew its stake in shares of JPMorgan BetaBuilders Europe ETF by 4.3% during the fourth quarter. Greenwood Capital Associates LLC now owns 378,649 shares of the company’s stock worth $27,755,000 after purchasing an additional 15,752 shares during the period.

JPMorgan BetaBuilders Europe ETF Company Profile

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.