JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) Short Interest Down 49.1% in August

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 10,105 shares, a decrease of 49.1% from the August 15th total of 19,857 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 28,073 shares, the short-interest ratio is currently 0.4 days.

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

BATS BBMC opened at $123.14 on Wednesday. The stock has a 50 day moving average price of $126.12 and a 200-day moving average price of $120.73. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a one year low of $99.77 and a one year high of $130.07. The company has a market capitalization of $2.02 billion, a P/E ratio of 18.31 and a beta of 1.08.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Private Advisor Group LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter valued at about $443,000. Archer Investment Corp purchased a new position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter worth about $490,000. Triad Wealth Partners LLC grew its position in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 15.3% in the first quarter. Triad Wealth Partners LLC now owns 5,290 shares of the company’s stock worth $573,000 after acquiring an additional 702 shares in the last quarter. Royal Bank of Canada increased its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 92.8% during the first quarter. Royal Bank of Canada now owns 6,149 shares of the company’s stock worth $667,000 after acquiring an additional 2,959 shares during the last quarter. Finally, Bank of America Corp DE increased its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 273.4% during the first quarter. Bank of America Corp DE now owns 12,640 shares of the company’s stock worth $1,370,000 after acquiring an additional 9,255 shares during the last quarter.

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.