JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Short Interest Up 1,229.2% in May

JPMorgan BetaBuilders Europe ETF (BATS:BBEU) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 441,711 shares, an increase of 1,229.2% from the May 14th total of 33,232 shares. Based on an average trading volume of 573,375 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.7% of the shares of the stock are short sold.

JPMorgan BetaBuilders Europe ETF Trading Up 0.4%

BATS:BBEU traded up $0.31 during trading hours on Tuesday, hitting $77.07. 408,209 shares of the company were exchanged, compared to its average volume of 493,227. The stock has a market capitalization of $5.22 billion, a price-to-earnings ratio of 16.78 and a beta of 0.93. JPMorgan BetaBuilders Europe ETF has a one year low of $64.50 and a one year high of $79.61. The company has a fifty day simple moving average of $76.28 and a 200 day simple moving average of $75.01.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Choreo LLC raised its position in JPMorgan BetaBuilders Europe ETF by 215.1% during the 4th quarter. Choreo LLC now owns 13,267 shares of the company’s stock worth $976,000 after purchasing an additional 9,056 shares during the last quarter. Curbstone Financial Management Corp raised its position in JPMorgan BetaBuilders Europe ETF by 111.7% during the 4th quarter. Curbstone Financial Management Corp now owns 62,830 shares of the company’s stock worth $4,605,000 after purchasing an additional 33,150 shares during the last quarter. Elm Partners Management LLC raised its position in JPMorgan BetaBuilders Europe ETF by 11.0% during the 4th quarter. Elm Partners Management LLC now owns 556,073 shares of the company’s stock worth $40,760,000 after purchasing an additional 55,283 shares during the last quarter. Greenwood Capital Associates LLC raised its position in JPMorgan BetaBuilders Europe ETF by 4.3% during the 4th quarter. Greenwood Capital Associates LLC now owns 378,649 shares of the company’s stock worth $27,755,000 after purchasing an additional 15,752 shares during the last quarter. Finally, Legacy CG LLC raised its position in shares of JPMorgan BetaBuilders Europe ETF by 3.0% in the 4th quarter. Legacy CG LLC now owns 421,130 shares of the company’s stock worth $30,869,000 after acquiring an additional 12,283 shares in the last quarter.

About JPMorgan BetaBuilders Europe ETF

The JPMorgan BetaBuilders Europe ETF (BBEU) 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 stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.