JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) Shares Shorted: Short Interest Up 934.4% in October

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totaling 7,696 shares, a growth of 934.4% from the September 30th total of 744 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 21,580 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A number of large investors have recently bought and sold shares of the stock. Private Advisor Group LLC bought a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter worth approximately $443,000. Archer Investment Corp purchased a new position in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter worth $490,000. Royal Bank of Canada raised its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 92.8% during the 1st quarter. Royal Bank of Canada now owns 6,149 shares of the company’s stock valued at $667,000 after buying an additional 2,959 shares during the last quarter. Gradient Investments LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 3rd quarter valued at $700,000. Finally, Bank of America Corp DE raised its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 273.4% during the 1st quarter. Bank of America Corp DE now owns 12,640 shares of the company’s stock valued at $1,370,000 after buying an additional 9,255 shares during the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Price Performance

Shares of BATS:BBMC traded up $0.59 during mid-day trading on Monday, hitting $122.09. The company had a trading volume of 3,722 shares, compared to its average volume of 32,564. The firm has a fifty day moving average price of $123.93 and a 200 day moving average price of $119.68. The company has a market capitalization of $2.00 billion, a PE ratio of 18.31 and a beta of 1.08. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a one year low of $99.77 and a one year high of $130.07.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Company Profile

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.