JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) Stock Short Interest Climbs 955.6%

JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BATS:BBSC) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 4,138 shares, an increase of 955.6% from the August 31st total of 392 shares. Based on an average daily trading volume, of 8,296 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Trading Down 0.2%

Shares of BBSC stock traded down $0.17 during trading hours on Thursday, reaching $86.07. The stock had a trading volume of 1,935 shares, compared to its average volume of 14,578. The stock’s fifty day simple moving average is $90.02 and its 200 day simple moving average is $85.66. The firm has a market capitalization of $673.07 million, a PE ratio of 18.09 and a beta of 1.14. JPMorgan BetaBuilders U.S. Small Cap Equity ETF has a 12 month low of $69.40 and a 12 month high of $93.36.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Small Cap Equity ETF

A number of institutional investors and hedge funds have recently made changes to their positions in BBSC. JPMorgan Chase & Co. grew its position in JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 2.4% during the fourth quarter. JPMorgan Chase & Co. now owns 5,967,154 shares of the company’s stock worth $443,479,000 after buying an additional 137,846 shares in the last quarter. M Holdings Securities Inc. purchased a new stake in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF in the 2nd quarter valued at about $3,291,000. Janney Montgomery Scott LLC boosted its position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 11.9% during the 1st quarter. Janney Montgomery Scott LLC now owns 127,594 shares of the company’s stock valued at $9,578,000 after acquiring an additional 13,567 shares during the last quarter. Citadel Advisors LLC purchased a new position in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF during the second quarter worth about $894,000. Finally, Triad Wealth Partners LLC grew its holdings in shares of JPMorgan BetaBuilders U.S. Small Cap Equity ETF by 18.3% during the first quarter. Triad Wealth Partners LLC now owns 4,448 shares of the company’s stock worth $334,000 after purchasing an additional 687 shares in the last quarter.

JPMorgan BetaBuilders U.S. Small Cap Equity ETF Company Profile

The JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market-cap-weighted index of US small cap companies. BBSC was launched on Nov 16, 2020 and is managed by JPMorgan Chase.