JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Short Interest Up 86.0% in May

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 295,085 shares, an increase of 86.0% from the April 30th total of 158,621 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily volume of 437,068 shares, the days-to-cover ratio is presently 0.7 days.

JPMorgan BetaBuilders Canada ETF Price Performance

BBCA stock opened at $100.85 on Tuesday. The company has a 50 day simple moving average of $97.89 and a 200 day simple moving average of $95.32. The stock has a market cap of $10.43 billion, a price-to-earnings ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a 1 year low of $78.68 and a 1 year high of $101.28.

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BBCA. Atlantic Union Bankshares Corp bought a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at $31,000. Capital Investment Counsel Inc purchased a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter worth about $32,000. Signaturefd LLC purchased a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter worth about $32,000. Eastern Bank purchased a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter worth about $39,000. Finally, Bayban bought a new position in shares of JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at approximately $43,000.

JPMorgan BetaBuilders Canada ETF Company Profile

The JPMorgan BetaBuilders Canada ETF (BBCA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap Canadian equities. BBCA was launched on Aug 7, 2018 and is managed by JPMorgan Chase.