JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Shares Shorted: Short Interest Down 96.8% in October

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a large decrease in short interest during the month of October. As of October 30th, there was short interest totaling 11,392 shares, a decrease of 96.8% from the October 15th total of 356,461 shares. Based on an average daily volume of 523,736 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of JPMorgan Limited Duration Bond ETF

Large investors have recently added to or reduced their stakes in the business. Beacon Financial Advisory LLC lifted its position in JPMorgan Limited Duration Bond ETF by 5.6% in the second quarter. Beacon Financial Advisory LLC now owns 5,200 shares of the company’s stock worth $271,000 after purchasing an additional 275 shares during the period. Bogart Wealth LLC boosted its stake in JPMorgan Limited Duration Bond ETF by 28.4% during the 3rd quarter. Bogart Wealth LLC now owns 1,284 shares of the company’s stock valued at $66,000 after purchasing an additional 284 shares in the last quarter. KWB Wealth increased its position in shares of JPMorgan Limited Duration Bond ETF by 2.6% during the 3rd quarter. KWB Wealth now owns 17,076 shares of the company’s stock valued at $878,000 after purchasing an additional 433 shares during the period. Royal Bank of Canada increased its position in shares of JPMorgan Limited Duration Bond ETF by 8.8% during the 1st quarter. Royal Bank of Canada now owns 8,233 shares of the company’s stock valued at $430,000 after purchasing an additional 668 shares during the period. Finally, Security National Bank of SO Dak acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 2nd quarter valued at $47,000.

JPMorgan Limited Duration Bond ETF Stock Performance

Shares of JPLD traded down $0.12 during mid-day trading on Tuesday, reaching $51.49. 605,938 shares of the company’s stock traded hands, compared to its average volume of 497,606. The business’s 50-day moving average price is $51.51 and its 200-day moving average price is $52.02. JPMorgan Limited Duration Bond ETF has a 12 month low of $50.92 and a 12 month high of $52.75.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.