JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) Short Interest Up 115.9% in May

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BATS:BBHY) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 47,978 shares, an increase of 115.9% from the May 14th total of 22,227 shares. Based on an average daily trading volume, of 65,027 shares, the short-interest ratio is currently 0.7 days. Currently, 0.5% of the shares of the stock are sold short.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Stock Performance

BATS:BBHY opened at $46.01 on Friday. JPMorgan BetaBuilders USD High Yield Corporate Bond ETF has a 12 month low of $45.23 and a 12 month high of $47.11. The stock has a 50 day moving average of $46.06 and a two-hundred day moving average of $46.30. The firm has a market cap of $452.28 million, a P/E ratio of 60.43 and a beta of 0.40.

Institutional Investors Weigh In On JPMorgan BetaBuilders USD High Yield Corporate Bond ETF

A number of large investors have recently made changes to their positions in the stock. WNY Asset Management LLC purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the first quarter valued at approximately $249,000. Empowered Funds LLC grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 12.8% in the first quarter. Empowered Funds LLC now owns 111,162 shares of the company’s stock valued at $5,064,000 after purchasing an additional 12,606 shares in the last quarter. Vawter Financial Ltd. grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 7.6% in the first quarter. Vawter Financial Ltd. now owns 120,789 shares of the company’s stock valued at $5,536,000 after purchasing an additional 8,489 shares in the last quarter. Sigma Planning Corp grew its position in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF by 1.6% in the first quarter. Sigma Planning Corp now owns 24,292 shares of the company’s stock valued at $1,113,000 after purchasing an additional 382 shares in the last quarter. Finally, Ascentis Independent Advisors purchased a new stake in shares of JPMorgan BetaBuilders USD High Yield Corporate Bond ETF in the first quarter valued at approximately $300,000.

JPMorgan BetaBuilders USD High Yield Corporate Bond ETF Company Profile

The JPMorgan BetaBuilders USD High Yield Corporate Bond ETF (BBHY) is an exchange-traded fund that is based on the ICE BofA US High Yield index. The fund seeks to track a market-cap weighted index to provide exposure to high-yield, USD-denominated corporate debt securities. The fund invests in securities with maturities of at least 18 months. BBHY was launched on Sep 14, 2016 and is managed by JPMorgan Chase.