JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Sees Large Growth in Short Interest

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 52,245 shares, an increase of 861.3% from the September 15th total of 5,435 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 137,548 shares, the short-interest ratio is currently 0.4 days.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Trading Up 0.0%

Shares of BBAG traded up $0.02 during trading hours on Friday, hitting $43.85. The stock had a trading volume of 63,067 shares, compared to its average volume of 110,730. The company’s fifty day simple moving average is $44.68 and its 200 day simple moving average is $45.41. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 12-month low of $43.47 and a 12-month high of $47.18.

Institutional Trading of JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 10.0% in the 2nd quarter. IFP Advisors Inc now owns 5,201 shares of the company’s stock valued at $239,000 after buying an additional 472 shares during the period. Cornerstone Planning Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter valued at about $29,000. Western Wealth Management LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the first quarter valued at $68,000. Royal Bank of Canada lifted its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2,847.3% during the first quarter. Royal Bank of Canada now owns 2,181 shares of the company’s stock valued at $101,000 after purchasing an additional 2,107 shares during the last quarter. Finally, Ashton Thomas Securities LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the first quarter valued at about $132,000.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.