Short Interest in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Grows By 58.2%

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) saw a large growth in short interest during the month of February. As of February 27th, there was short interest totaling 35,833 shares, a growth of 58.2% from the February 12th total of 22,647 shares. Based on an average daily volume of 144,826 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 144,826 shares, the short-interest ratio is currently 0.2 days.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of NYSEARCA:JSCP traded down $0.03 on Friday, reaching $47.29. The company’s stock had a trading volume of 156,681 shares, compared to its average volume of 231,830. The stock’s 50-day moving average is $47.62 and its two-hundred day moving average is $47.60. JPMorgan Short Duration Core Plus ETF has a 52-week low of $46.42 and a 52-week high of $47.87. The stock has a market capitalization of $1.27 billion, a P/E ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1703 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, March 2nd.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

Hedge funds have recently added to or reduced their stakes in the stock. Colonial Trust Advisors increased its holdings in shares of JPMorgan Short Duration Core Plus ETF by 164.2% in the fourth quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock valued at $34,000 after purchasing an additional 440 shares during the period. Royal Bank of Canada acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF during the fourth quarter worth $55,000. Northwestern Mutual Wealth Management Co. purchased a new position in JPMorgan Short Duration Core Plus ETF in the 2nd quarter valued at $77,000. Geneos Wealth Management Inc. grew its position in JPMorgan Short Duration Core Plus ETF by 13.3% in the 3rd quarter. Geneos Wealth Management Inc. now owns 3,400 shares of the company’s stock valued at $162,000 after buying an additional 400 shares during the last quarter. Finally, Salomon & Ludwin LLC acquired a new position in JPMorgan Short Duration Core Plus ETF in the 3rd quarter valued at $174,000.

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.