Short Interest in JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) Decreases By 98.6%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (NYSEARCA:BBSC) saw a significant decline in short interest in February. As of February 13th, there was short interest totaling 420 shares, a decline of 98.6% from the January 29th total of 30,698 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 2,598 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily volume of 2,598 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Stock Down 1.5%

NYSEARCA:BBSC opened at $78.59 on Friday. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a 52-week low of $51.75 and a 52-week high of $81.04. The stock has a fifty day simple moving average of $78.10 and a 200-day simple moving average of $75.30. The company has a market capitalization of $671.96 million, a PE ratio of 18.09 and a beta of 1.14.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Steward Partners Investment Advisory LLC purchased a new stake in JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 2nd quarter valued at approximately $39,000. Geneos Wealth Management Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 27.8% in the first quarter. Geneos Wealth Management Inc. now owns 1,048 shares of the company’s stock worth $63,000 after acquiring an additional 228 shares during the last quarter. Bank of America Corp DE lifted its position in shares of 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 valued at $149,000 after acquiring an additional 1,212 shares in the last quarter. Elevation Wealth Management LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the fourth quarter valued at $226,000. Finally, Triad Wealth Partners LLC purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the fourth quarter valued at $280,000.

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.