Short Interest in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) Decreases By 72.4%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 392 shares, a decline of 72.4% from the August 15th total of 1,421 shares. Based on an average trading volume of 5,191 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. increased its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after purchasing an additional 228 shares during the last quarter. Bank of America Corp DE grew its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 116.7% in the second quarter. Bank of America Corp DE now owns 2,251 shares of the company’s stock worth $149,000 after purchasing an additional 1,212 shares in the last quarter. Elevation Wealth Management LLC acquired a new position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the fourth quarter worth about $226,000. Triad Wealth Partners LLC increased its holdings in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% in the first quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock valued at $334,000 after buying an additional 687 shares during the last quarter. Finally, MGO One Seven LLC raised its stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 8.7% during the fourth quarter. MGO One Seven LLC now owns 4,967 shares of the company’s stock valued at $369,000 after buying an additional 398 shares in the last quarter.

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

BBSC stock opened at $88.10 on Monday. The stock’s 50 day moving average is $90.52 and its two-hundred day moving average is $85.20. 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 company has a market capitalization of $688.94 million, a PE ratio of 18.09 and a beta of 1.14.

About JPMorgan BetaBuilders U.S. Small Cap Equity ETF

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.