JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) Sees Significant Increase in Short Interest

JPMorgan BetaBuilders International Equity ETF (BATS:BBIN) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 108,168 shares, an increase of 87.5% from the June 15th total of 57,681 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 207,244 shares, the days-to-cover ratio is presently 0.5 days.

JPMorgan BetaBuilders International Equity ETF Stock Performance

Shares of BBIN traded down $0.42 during trading hours on Friday, hitting $77.73. 29,317 shares of the stock were exchanged, compared to its average volume of 194,011. The stock’s 50-day moving average price is $78.16 and its two-hundred day moving average price is $76.63. JPMorgan BetaBuilders International Equity ETF has a 12-month low of $65.56 and a 12-month high of $80.37. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 16.24 and a beta of 0.84.

Institutional Investors Weigh In On JPMorgan BetaBuilders International Equity ETF

Hedge funds have recently modified their holdings of the business. Fifth Third Bancorp acquired a new position in JPMorgan BetaBuilders International Equity ETF during the first quarter worth about $64,000. International Assets Investment Management LLC purchased a new position in JPMorgan BetaBuilders International Equity ETF in the 4th quarter worth approximately $79,000. Key Financial Inc lifted its stake in JPMorgan BetaBuilders International Equity ETF by 13.7% in the 1st quarter. Key Financial Inc now owns 1,286 shares of the company’s stock worth $94,000 after purchasing an additional 155 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of JPMorgan BetaBuilders International Equity ETF during the 1st quarter worth approximately $94,000. Finally, O Shaughnessy Asset Management LLC boosted its holdings in shares of JPMorgan BetaBuilders International Equity ETF by 8.8% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 2,521 shares of the company’s stock worth $182,000 after purchasing an additional 203 shares during the last quarter.

JPMorgan BetaBuilders International Equity ETF Company Profile

The JPMorgan BetaBuilders International Equity ETF (BBIN) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed countries ex-North America index of large- and mid-cap equities that are selected and weighted by market cap. BBIN was launched on Dec 5, 2019 and is managed by JPMorgan Chase.