JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Short Interest Down 39.0% in August

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a significant decline in short interest in August. As of August 31st, there was short interest totaling 83,860 shares, a decline of 39.0% from the August 15th total of 137,540 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 375,803 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Wagner Wealth Management LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the 1st quarter worth approximately $45,000. Cedar Mountain Advisors LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF in the fourth quarter valued at approximately $50,000. Bogart Wealth LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the first quarter valued at approximately $52,000. Sound Income Strategies LLC purchased a new stake in shares of JPMorgan Limited Duration Bond ETF during the first quarter valued at approximately $74,000. Finally, Portfolio Resources Advisor Group Inc. bought a new stake in JPMorgan Limited Duration Bond ETF during the fourth quarter worth $81,000.

JPMorgan Limited Duration Bond ETF Price Performance

Shares of JPLD traded up $0.07 during trading hours on Wednesday, reaching $51.66. The stock had a trading volume of 578,931 shares, compared to its average volume of 499,997. JPMorgan Limited Duration Bond ETF has a 12 month low of $51.55 and a 12 month high of $52.75. The firm has a 50-day simple moving average of $51.94 and a 200 day simple moving average of $52.09.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.