JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) Sees Significant Decrease in Short Interest

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) was the target of a large decrease in short interest in the month of October. As of October 30th, there was short interest totaling 378 shares, a decrease of 90.8% from the October 15th total of 4,115 shares. Based on an average daily trading volume, of 17,225 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

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

A number of large investors have recently modified their holdings of the company. M Holdings Securities Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 2nd quarter valued at $3,291,000. Citadel Advisors LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the second quarter worth $894,000. IFP Advisors Inc raised its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 689.0% during the third quarter. IFP Advisors Inc now owns 718 shares of the company’s stock worth $61,000 after buying an additional 627 shares during the last quarter. Finally, Root Financial Partners LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the third quarter worth $132,000.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Performance

Shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF stock opened at $85.89 on Friday. 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 has a 50 day moving average price of $86.21 and a two-hundred day moving average price of $84.71. The stock has a market capitalization of $725.77 million, a PE ratio of 16.92 and a beta of 1.16.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

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.