JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) Shares Shorted: Short Interest Down 45.0% in October

JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) was the target of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 219,455 shares, a decline of 45.0% from the September 30th total of 399,271 shares. Approximately 0.4% of the shares of the company are sold short. Based on an average daily volume of 377,198 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On JPMorgan International Bond Opportunities ETF

A number of large investors have recently bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan International Bond Opportunities ETF during the 3rd quarter worth approximately $32,000. Western Wealth Management LLC acquired a new stake in JPMorgan International Bond Opportunities ETF during the 1st quarter valued at approximately $34,000. NFSG Corp acquired a new stake in JPMorgan International Bond Opportunities ETF during the 3rd quarter valued at approximately $49,000. Legacy Wealth Managment LLC ID lifted its stake in JPMorgan International Bond Opportunities ETF by 141.2% during the 1st quarter. Legacy Wealth Managment LLC ID now owns 2,166 shares of the company’s stock valued at $104,000 after acquiring an additional 1,268 shares during the period. Finally, Centaurus Financial Inc. purchased a new stake in shares of JPMorgan International Bond Opportunities ETF in the 1st quarter valued at $156,000.

JPMorgan International Bond Opportunities ETF Price Performance

JPMorgan International Bond Opportunities ETF stock remained flat at $46.86 during trading hours on Friday. The company’s stock had a trading volume of 190,400 shares, compared to its average volume of 265,358. The firm’s 50-day moving average price is $47.09 and its 200 day moving average price is $47.99. The firm has a market capitalization of $2.31 billion, a PE ratio of 4.86 and a beta of 0.25. JPMorgan International Bond Opportunities ETF has a twelve month low of $46.38 and a twelve month high of $49.42.

JPMorgan International Bond Opportunities ETF Company Profile

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.