JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Sees Significant Growth in Short Interest

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 31,589 shares, a growth of 207.2% from the September 30th total of 10,284 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 269,926 shares, the days-to-cover ratio is currently 0.1 days.

JPMorgan Short Duration Core Plus ETF Stock Up 0.1%

Shares of JPMorgan Short Duration Core Plus ETF stock opened at $46.38 on Friday. JPMorgan Short Duration Core Plus ETF has a 12-month low of $45.78 and a 12-month high of $47.87. The stock has a market cap of $1.85 billion, a P/E ratio of 8.12 and a beta of 0.12. The business’s 50 day moving average is $46.31 and its 200-day moving average is $46.99.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

A number of hedge funds have recently made changes to their positions in JSCP. Putney Financial Group LLC bought a new position in shares of JPMorgan Short Duration Core Plus ETF during the third quarter worth approximately $96,000. Cedar Mountain Advisors LLC bought a new position in JPMorgan Short Duration Core Plus ETF in the 2nd quarter valued at approximately $139,000. XML Financial LLC acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF during the third quarter valued at about $215,000. Shulman DeMeo Asset Management LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF during the third quarter worth $238,000. Finally, Bank of New Hampshire raised its position in shares of JPMorgan Short Duration Core Plus ETF by 94.8% during the third quarter. Bank of New Hampshire now owns 5,990 shares of the company’s stock worth $275,000 after acquiring an additional 2,915 shares during the last quarter.

About JPMorgan Short Duration Core Plus ETF

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.