JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) Sees Large Increase in Short Interest

JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 1,686,454 shares, a growth of 111.1% from the September 15th total of 798,761 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average trading volume of 4,380,010 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. HB Wealth Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 16.5% during the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after buying an additional 2,042,169 shares during the last quarter. Legacy Wealth Management LLC lifted its position in JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after acquiring an additional 190,026 shares during the period. Mariner LLC lifted its position in JPMorgan Core Plus Bond ETF by 23.6% during the 4th quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after acquiring an additional 694,145 shares during the period. Janney Montgomery Scott LLC lifted its position in JPMorgan Core Plus Bond ETF by 27.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after acquiring an additional 769,266 shares during the period. Finally, Valeo Financial Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at approximately $140,086,000.

JPMorgan Core Plus Bond ETF Trading Up 0.1%

JCPB stock traded up $0.03 on Tuesday, hitting $44.81. The company’s stock had a trading volume of 2,822,729 shares, compared to its average volume of 2,058,853. The firm has a 50 day moving average of $45.66 and a two-hundred day moving average of $46.38. JPMorgan Core Plus Bond ETF has a 1 year low of $44.40 and a 1 year high of $48.17. The stock has a market cap of $15.62 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26.

About JPMorgan Core Plus Bond ETF

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.