JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) Stock Short Interest Climbs 955.6%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 4,138 shares, an increase of 955.6% from the August 31st total of 392 shares. Based on an average daily trading volume, of 8,296 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 2.4% during the 4th quarter. JPMorgan Chase & Co. now owns 5,967,154 shares of the company’s stock valued at $443,479,000 after purchasing an additional 137,846 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 127,594 shares of the company’s stock worth $9,578,000 after buying an additional 13,567 shares during the last quarter. M Holdings Securities Inc. purchased a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the second quarter worth approximately $3,291,000. Citadel Advisors LLC purchased a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the second quarter worth approximately $894,000. Finally, Triad Wealth Partners LLC grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% during the first quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock valued at $334,000 after acquiring an additional 687 shares during the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 0.2%

BATS:BBSC traded down $0.17 during midday trading on Thursday, hitting $86.07. The company had a trading volume of 1,935 shares, compared to its average volume of 14,578. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a 52-week low of $69.40 and a 52-week high of $93.36. The stock’s fifty day moving average price is $90.02 and its 200-day moving average price is $85.66. The company has a market capitalization of $673.07 million, a PE ratio of 18.09 and a beta of 1.14.

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.