JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) Shares Shorted: Short Interest Down 92.8% in September

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BATS:BBAG) was the recipient of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 5,435 shares, a drop of 92.8% from the August 31st total of 75,842 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 38,017 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Price Performance

Shares of BATS:BBAG traded down $0.18 during midday trading on Thursday, reaching $44.01. 70,983 shares of the company’s stock were exchanged, compared to its average volume of 103,046. The company’s 50 day simple moving average is $45.04 and its two-hundred day simple moving average is $45.61. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 12 month low of $44.01 and a 12 month high of $47.18.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Cornerstone Planning Group LLC bought a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 1st quarter worth about $29,000. Larson Financial Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 4th quarter valued at $46,000. Cary Street Partners Financial LLC bought a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 4th quarter valued at $53,000. Western Wealth Management LLC acquired a new position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the first quarter worth $68,000. Finally, Royal Bank of Canada grew its holdings in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 2,847.3% during the first quarter. Royal Bank of Canada now owns 2,181 shares of the company’s stock worth $101,000 after purchasing an additional 2,107 shares during the last quarter.

About JPMorgan BetaBuilders U.S. Aggregate Bond ETF

The JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) is an exchange-traded fund that is based on the Bloomberg U.S. Aggregate Bond index. The fund tracks a market-cap weighted index to provide exposure to investment grade, USD-denominated debt securities from government and corporate issuers. The fund may invest in securities of any maturity. BBAG was launched on Dec 12, 2018 and is managed by JPMorgan Chase.