JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Short Interest Up 87.5% in June

JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 108,168 shares, an increase of 87.5% from the June 15th total of 57,681 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 207,244 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Morgan Stanley boosted its holdings in JPMorgan BetaBuilders International Equity ETF by 61.2% in the fourth quarter. Morgan Stanley now owns 3,574,797 shares of the company’s stock worth $258,529,000 after purchasing an additional 1,357,830 shares in the last quarter. Bank of America Corp DE raised its holdings in JPMorgan BetaBuilders International Equity ETF by 96.2% during the third quarter. Bank of America Corp DE now owns 828,937 shares of the company’s stock valued at $58,133,000 after buying an additional 406,433 shares in the last quarter. Susquehanna International Group LLP raised its holdings in JPMorgan BetaBuilders International Equity ETF by 5,122.2% during the third quarter. Susquehanna International Group LLP now owns 276,462 shares of the company’s stock valued at $19,388,000 after buying an additional 271,168 shares in the last quarter. WNY Asset Management LLC acquired a new stake in shares of JPMorgan BetaBuilders International Equity ETF in the first quarter worth about $15,155,000. Finally, Gateway Wealth Partners LLC lifted its position in shares of JPMorgan BetaBuilders International Equity ETF by 138.6% in the first quarter. Gateway Wealth Partners LLC now owns 225,948 shares of the company’s stock worth $16,521,000 after buying an additional 131,239 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN opened at $78.15 on Friday. The firm has a market cap of $6.35 billion, a PE ratio of 16.24 and a beta of 0.84. The firm’s 50 day moving average price is $78.18 and its 200 day moving average price is $76.63. JPMorgan BetaBuilders International Equity ETF has a twelve month low of $65.56 and a twelve month high of $80.37.

About JPMorgan BetaBuilders International Equity ETF

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.