JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Short Interest Down 60.7% in August

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 25,359 shares, a drop of 60.7% from the July 30th total of 64,532 shares. Based on an average daily volume of 51,332 shares, the short-interest ratio is currently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Aptus Capital Advisors LLC increased its stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF by 31.3% during the fourth quarter. Aptus Capital Advisors LLC now owns 604 shares of the company’s stock worth $56,000 after acquiring an additional 144 shares during the period. Comerica Bank increased its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 100.8% in the fourth quarter. Comerica Bank now owns 767 shares of the company’s stock valued at $71,000 after buying an additional 385 shares in the last quarter. Fifth Third Bancorp raised its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 383.5% during the first quarter. Fifth Third Bancorp now owns 967 shares of the company’s stock worth $93,000 after purchasing an additional 767 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of JPMorgan BetaBuilders MSCI US REIT ETF during the 2nd quarter worth $93,000. Finally, Triumph Capital Management acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF during the second quarter worth about $113,000.

JPMorgan BetaBuilders MSCI US REIT ETF Stock Performance

BATS BBRE opened at $107.06 on Friday. The firm’s fifty day moving average is $109.01 and its two-hundred day moving average is $104.36. JPMorgan BetaBuilders MSCI US REIT ETF has a one year low of $91.82 and a one year high of $113.40. The firm has a market cap of $1.04 billion, a PE ratio of 34.86 and a beta of 1.02.

JPMorgan BetaBuilders MSCI US REIT ETF Company Profile

The JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) is an exchange-traded fund that is based on the MSCI US REIT Custom Capped index, a market-cap-weighted index of small-, mid-, and large-cap companies involved in the ownership or management of US real estate. BBRE was launched on Jun 15, 2018 and is managed by JPMorgan Chase.