JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Update

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 49,649 shares, a drop of 71.2% from the April 30th total of 172,151 shares. Based on an average daily trading volume, of 148,352 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Investors Weigh In On JPMorgan Short Duration Core Plus ETF

A number of institutional investors have recently modified their holdings of JSCP. Jane Street Group LLC acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the 1st quarter valued at about $3,192,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF in the 2nd quarter valued at about $77,000. Main Street Financial Solutions LLC raised its stake in shares of JPMorgan Short Duration Core Plus ETF by 195.4% in the 2nd quarter. Main Street Financial Solutions LLC now owns 45,473 shares of the company’s stock valued at $2,157,000 after purchasing an additional 30,077 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of JPMorgan Short Duration Core Plus ETF by 2.9% in the 2nd quarter. Raymond James Financial Inc. now owns 37,697 shares of the company’s stock valued at $1,788,000 after purchasing an additional 1,080 shares in the last quarter. Finally, Visionary Wealth Advisors raised its stake in shares of JPMorgan Short Duration Core Plus ETF by 42.4% in the 2nd quarter. Visionary Wealth Advisors now owns 187,727 shares of the company’s stock valued at $8,906,000 after purchasing an additional 55,910 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Performance

Shares of JPMorgan Short Duration Core Plus ETF stock opened at $47.14 on Friday. The firm has a market cap of $1.42 billion, a PE ratio of 8.12 and a beta of 0.12. The firm’s 50-day simple moving average is $47.19 and its 200-day simple moving average is $47.46. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.85 and a 1 year high of $47.87.

JPMorgan Short Duration Core Plus ETF Company Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.