JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) Sees Large Decline in Short Interest

JPMorgan BetaBuilders U.S. Aggregate Bond ETF (NYSEARCA:BBAG) saw a large drop in short interest in the month of December. As of December 15th, there was short interest totaling 295 shares, a drop of 97.0% from the November 30th total of 9,901 shares. Based on an average trading volume of 39,304 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 39,304 shares, the days-to-cover ratio is currently 0.0 days.

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

Institutional investors have recently modified their holdings of the business. GGM Financials LLC acquired a new stake in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the third quarter valued at $61,000. Advisory Services Network LLC purchased a new stake in JPMorgan BetaBuilders U.S. Aggregate Bond ETF during the 3rd quarter worth about $64,000. Rosenberg Matthew Hamilton raised its position in JPMorgan BetaBuilders U.S. Aggregate Bond ETF by 77.0% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 3,499 shares of the company’s stock valued at $162,000 after purchasing an additional 1,522 shares in the last quarter. Flagstar Advisors Inc. purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 2nd quarter valued at about $212,000. Finally, Ignite Planners LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Aggregate Bond ETF in the 2nd quarter valued at about $218,000.

JPMorgan BetaBuilders U.S. Aggregate Bond ETF Stock Up 0.2%

NYSEARCA:BBAG traded up $0.08 on Wednesday, reaching $46.61. 14,097 shares of the company’s stock were exchanged, compared to its average volume of 143,187. JPMorgan BetaBuilders U.S. Aggregate Bond ETF has a 52-week low of $44.31 and a 52-week high of $47.11. The business has a fifty day moving average of $46.68 and a 200-day moving average of $46.34.

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.