Short Interest in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Decreases By 76.2%

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 52,282 shares, a decline of 76.2% from the July 30th total of 219,263 shares. Based on an average daily trading volume, of 171,402 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of large investors have recently made changes to their positions in the business. Financial Management Professionals Inc. purchased a new position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the second quarter valued at approximately $9,298,000. Arlington Trust Co LLC increased its stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 229.5% in the 2nd quarter. Arlington Trust Co LLC now owns 2,745 shares of the company’s stock valued at $164,000 after buying an additional 1,912 shares during the period. NewEdge Advisors LLC lifted its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% in the 1st quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after buying an additional 275 shares in the last quarter. Bayban acquired a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 4th quarter valued at $210,000. Finally, Atlas Capital Advisors Inc. acquired a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the 4th quarter valued at $9,936,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Trading Down 0.2%

BATS:BBAX opened at $65.04 on Friday. The business’s fifty day moving average price is $62.65 and its 200 day moving average price is $61.93. The firm has a market capitalization of $6.23 billion, a price-to-earnings ratio of 17.74 and a beta of 0.87. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 1-year low of $53.84 and a 1-year high of $65.80.

About JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) 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-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.