JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BATS:BBLB) Short Interest Update

JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BATS:BBLB) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,084 shares, an increase of 918.5% from the July 30th total of 401 shares. Currently, 2.3% of the shares of the company are short sold. Based on an average daily volume of 3,746 shares, the days-to-cover ratio is currently 1.1 days.

JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF Trading Up 1.1%

BATS:BBLB traded up $0.84 during mid-day trading on Tuesday, reaching $78.83. 790 shares of the stock were exchanged, compared to its average volume of 2,857. JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF has a 1 year low of $76.77 and a 1 year high of $87.01. The company has a 50 day simple moving average of $79.50 and a 200-day simple moving average of $81.12.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF

Several hedge funds have recently made changes to their positions in BBLB. JPMorgan Chase & Co. acquired a new stake in JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF during the 2nd quarter valued at $398,000. Citadel Advisors LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF during the third quarter valued at about $255,000. Raymond James Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF in the 2nd quarter worth about $81,000. Finally, Cetera Investment Advisers raised its position in shares of JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF by 6.7% during the 2nd quarter. Cetera Investment Advisers now owns 8,083 shares of the company’s stock valued at $677,000 after acquiring an additional 505 shares in the last quarter.

About JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF

The JPMorgan BetaBuilders U.S. Treasury Bond 20+ Year ETF (BBLB) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund tracks a market value-weighted index of US Treasurys with more than 20 years until maturity. Constituents are selected using the same manner that they are weighted. BBLB was launched on Apr 19, 2023 and is managed by JPMorgan Chase.