JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Update

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) saw a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 552,934 shares, a growth of 411.9% from the June 15th total of 108,007 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily volume of 285,416 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Trading of JPMorgan BetaBuilders Europe ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BBEU. Allspring Global Investments Holdings LLC purchased a new position in JPMorgan BetaBuilders Europe ETF during the first quarter worth about $26,000. Signaturefd LLC purchased a new stake in JPMorgan BetaBuilders Europe ETF in the 4th quarter valued at about $28,000. Cullen Frost Bankers Inc. purchased a new stake in JPMorgan BetaBuilders Europe ETF in the 4th quarter valued at about $29,000. Aptus Capital Advisors LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the 4th quarter worth approximately $32,000. Finally, Western Wealth Management LLC bought a new position in shares of JPMorgan BetaBuilders Europe ETF during the 1st quarter worth approximately $33,000.

JPMorgan BetaBuilders Europe ETF Price Performance

Shares of BATS BBEU opened at $77.58 on Monday. The firm has a market cap of $5.26 billion, a PE ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a 12-month low of $64.97 and a 12-month high of $79.64. The company’s fifty day simple moving average is $77.40 and its 200 day simple moving average is $76.03.

About JPMorgan BetaBuilders Europe ETF

The JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.