JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Short Interest Update

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 13,249 shares, a decrease of 77.7% from the August 31st total of 59,361 shares. Based on an average trading volume of 50,486 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are short sold.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Trading Up 0.0%

BATS:BBHY opened at $44.74 on Friday. The stock has a market capitalization of $439.79 million, a P/E ratio of 60.43 and a beta of 0.40. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 1 year low of $44.63 and a 1 year high of $47.04. The firm has a 50 day moving average of $45.56 and a 200-day moving average of $45.82.

Institutional Trading of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in BBHY. Citadel Advisors LLC bought a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the second quarter worth about $953,000. WCG Wealth Advisors LLC bought a new position in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the 4th quarter valued at approximately $5,864,000. Integrated Wealth Concepts LLC raised its holdings in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 480.4% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 119,027 shares of the company’s stock valued at $5,487,000 after buying an additional 98,521 shares during the last quarter. Nolet Wealth Management LLC acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 4th quarter worth approximately $1,093,000. Finally, Independent Wealth Network Inc. acquired a new stake in JPMorgan BetaBuilders USD High Yield Corporate Bond ETF during the 1st quarter worth approximately $592,000.

About JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.