JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Stock Short Interest Drops 68.4%

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 175,934 shares, a decrease of 68.4% from the September 15th total of 555,876 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 775,043 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On JPMorgan BetaBuilders Japan ETF

Institutional investors have recently modified their holdings of the company. Noble Wealth Partners LLC bought a new stake in shares of JPMorgan BetaBuilders Japan ETF during the second quarter valued at approximately $1,412,000. Stephens Inc. AR boosted its position in shares of JPMorgan BetaBuilders Japan ETF by 178.4% during the first quarter. Stephens Inc. AR now owns 12,733 shares of the company’s stock worth $877,000 after buying an additional 8,159 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in shares of JPMorgan BetaBuilders Japan ETF during the first quarter worth approximately $1,516,000. Fifth Third Bancorp acquired a new position in shares of JPMorgan BetaBuilders Japan ETF during the first quarter worth approximately $2,595,000. Finally, Bank of America Corp DE grew its holdings in JPMorgan BetaBuilders Japan ETF by 557.7% in the 1st quarter. Bank of America Corp DE now owns 1,253,896 shares of the company’s stock worth $86,406,000 after buying an additional 1,063,238 shares in the last quarter.

JPMorgan BetaBuilders Japan ETF Price Performance

Shares of BATS BBJP opened at $78.44 on Tuesday. JPMorgan BetaBuilders Japan ETF has a 1-year low of $65.07 and a 1-year high of $80.52. The business’s fifty day moving average price is $78.19 and its two-hundred day moving average price is $75.28. The firm has a market capitalization of $16.89 billion, a PE ratio of 14.47 and a beta of 0.65.

JPMorgan BetaBuilders Japan ETF Company Profile

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.