JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) Short Interest Down 76.2% in August

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BATS:BBAX) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 52,282 shares, a drop of 76.2% from the July 30th total of 219,263 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 171,402 shares, the short-interest ratio is presently 0.3 days.

Hedge Funds Weigh In On JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF

A number of large investors have recently bought and sold shares of BBAX. JPMorgan Chase & Co. grew its position in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 2.8% in the 4th quarter. JPMorgan Chase & Co. now owns 83,723,892 shares of the company’s stock valued at $4,713,655,000 after acquiring an additional 2,271,983 shares during the last quarter. Atlas Capital Advisors Inc. purchased a new stake in JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF in the fourth quarter worth $9,936,000. Financial Management Professionals Inc. bought a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the second quarter worth $9,298,000. NewEdge Advisors LLC lifted its position in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF by 109.6% during the first quarter. NewEdge Advisors LLC now owns 526 shares of the company’s stock worth $31,000 after purchasing an additional 275 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in shares of JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF during the third quarter worth $212,000.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Price Performance

Shares of BATS:BBAX opened at $64.84 on Friday. The firm has a market capitalization of $6.21 billion, a PE ratio of 17.74 and a beta of 0.87. The business has a 50 day simple moving average of $62.72 and a two-hundred day simple moving average of $61.95. JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF has a 1 year low of $53.84 and a 1 year high of $65.80.

JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF Company Profile

The JPMorgan BetaBuilders Developed Asia Pacific ex-Japan ETF (BBAX) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed-market Asian countries, excluding Japan. BBAX was launched on Aug 7, 2018 and is managed by JPMorgan Chase.