JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Sees Significant Growth in Short Interest

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 598,236 shares, a growth of 93.9% from the August 15th total of 308,607 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 1,112,843 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders Japan ETF

Hedge funds have recently modified their holdings of the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan BetaBuilders Japan ETF by 0.5% in the fourth quarter. JPMorgan Chase & Co. now owns 137,080,238 shares of the company’s stock worth $9,034,959,000 after purchasing an additional 661,704 shares in the last quarter. 3EDGE Asset Management LP lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 17.5% during the 4th quarter. 3EDGE Asset Management LP now owns 2,218,289 shares of the company’s stock valued at $146,270,000 after buying an additional 330,376 shares in the last quarter. 1607 Capital Partners LLC lifted its stake in shares of JPMorgan BetaBuilders Japan ETF by 137.4% during the 4th quarter. 1607 Capital Partners LLC now owns 1,693,882 shares of the company’s stock valued at $111,644,000 after buying an additional 980,237 shares in the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan BetaBuilders Japan ETF by 557.7% in the 1st quarter. Bank of America Corp DE now owns 1,253,896 shares of the company’s stock worth $86,406,000 after buying an additional 1,063,238 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in JPMorgan BetaBuilders Japan ETF by 1.4% in the 4th quarter. HighTower Advisors LLC now owns 778,232 shares of the company’s stock worth $51,293,000 after buying an additional 10,483 shares during the period.

JPMorgan BetaBuilders Japan ETF Trading Down 0.9%

Shares of BBJP stock opened at $78.82 on Tuesday. JPMorgan BetaBuilders Japan ETF has a 12 month low of $64.62 and a 12 month high of $79.72. The stock has a market cap of $16.97 billion, a P/E ratio of 14.47 and a beta of 0.65. The company has a 50 day simple moving average of $76.47 and a two-hundred day simple moving average of $74.11.

About JPMorgan BetaBuilders Japan ETF

The JPMorgan BetaBuilders Japan ETF (BBJP) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of Japanese large- and mid-cap stocks. BBJP was launched on Jun 15, 2018 and is managed by JPMorgan Chase.