JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Short Interest Down 97.0% in December

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 295 shares, a decrease of 97.0% from the November 30th total of 9,901 shares. Based on an average trading volume of 39,304 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 39,304 shares, the short-interest ratio is currently 0.0 days.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

BBAG stock traded up $0.06 during midday trading on Friday, hitting $46.67. 16,112 shares of the company’s stock were exchanged, compared to its average volume of 142,672. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 1-year low of $44.31 and a 1-year high of $47.11. The business has a 50-day simple moving average of $46.67 and a two-hundred day simple moving average of $46.34.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. IFP Advisors Inc increased its position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 21.5% during the third quarter. IFP Advisors Inc now owns 6,589 shares of the company’s stock valued at $308,000 after acquiring an additional 1,168 shares during the last quarter. Advisory Services Network LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter worth approximately $64,000. Integrated Wealth Concepts LLC increased its holdings in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 27.1% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 24,825 shares of the company’s stock valued at $1,159,000 after purchasing an additional 5,293 shares during the last quarter. Raymond James Financial Inc. raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 52.5% in the third quarter. Raymond James Financial Inc. now owns 19,588 shares of the company’s stock valued at $914,000 after purchasing an additional 6,742 shares during the period. Finally, GGM Financials LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at approximately $61,000.

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.