Short Interest in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Drops By 29.7%

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the target of a large drop in short interest in December. As of December 31st, there was short interest totaling 42,803 shares, a drop of 29.7% from the December 15th total of 60,851 shares. Based on an average daily volume of 246,396 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the shares of the stock are short sold. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 246,396 shares, the short-interest ratio is currently 0.2 days.

JPMorgan Short Duration Core Plus ETF Stock Performance

JSCP stock traded down $0.06 on Friday, reaching $47.53. The company had a trading volume of 202,918 shares, compared to its average volume of 216,283. The company’s fifty day moving average is $47.59 and its 200 day moving average is $47.51. The company has a market cap of $1.21 billion, a P/E ratio of 8.12 and a beta of 0.13. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.42 and a 1 year high of $47.80.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

Large investors have recently made changes to their positions in the stock. Perigon Wealth Management LLC raised its stake in JPMorgan Short Duration Core Plus ETF by 5.4% in the 4th quarter. Perigon Wealth Management LLC now owns 120,232 shares of the company’s stock valued at $5,718,000 after purchasing an additional 6,112 shares during the last quarter. Professional Financial Advisors LLC purchased a new stake in shares of JPMorgan Short Duration Core Plus ETF during the fourth quarter worth about $486,000. Hennion & Walsh Asset Management Inc. grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 4.2% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 408,925 shares of the company’s stock worth $19,447,000 after buying an additional 16,414 shares in the last quarter. 21 West Wealth Management LLC raised its position in shares of JPMorgan Short Duration Core Plus ETF by 5.8% in the fourth quarter. 21 West Wealth Management LLC now owns 68,326 shares of the company’s stock valued at $3,249,000 after buying an additional 3,745 shares during the last quarter. Finally, Roberts Wealth Advisors LLC raised its position in shares of JPMorgan Short Duration Core Plus ETF by 33.7% in the fourth quarter. Roberts Wealth Advisors LLC now owns 497,126 shares of the company’s stock valued at $23,642,000 after buying an additional 125,393 shares during the last quarter.

About JPMorgan Short Duration Core Plus ETF

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.