JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) Stock Short Interest Drops 45.0%

JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 219,455 shares, a decrease of 45.0% from the September 30th total of 399,271 shares. Based on an average daily volume of 377,198 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the shares of the company are sold short.

Institutional Trading of JPMorgan International Bond Opportunities ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of JPMorgan International Bond Opportunities ETF during the 3rd quarter worth about $32,000. Western Wealth Management LLC acquired a new position in JPMorgan International Bond Opportunities ETF in the 1st quarter worth about $34,000. NFSG Corp acquired a new position in JPMorgan International Bond Opportunities ETF in the 3rd quarter worth about $49,000. Legacy Wealth Managment LLC ID boosted its position in JPMorgan International Bond Opportunities ETF by 141.2% during the first quarter. Legacy Wealth Managment LLC ID now owns 2,166 shares of the company’s stock worth $104,000 after purchasing an additional 1,268 shares in the last quarter. Finally, Centaurus Financial Inc. acquired a new stake in JPMorgan International Bond Opportunities ETF in the first quarter valued at approximately $156,000.

JPMorgan International Bond Opportunities ETF Stock Down 0.2%

Shares of NYSEARCA JPIB traded down $0.08 during midday trading on Monday, reaching $46.78. 208,131 shares of the stock were exchanged, compared to its average volume of 265,085. The firm has a market cap of $2.30 billion, a price-to-earnings ratio of 4.86 and a beta of 0.25. JPMorgan International Bond Opportunities ETF has a twelve month low of $46.38 and a twelve month high of $49.42. The firm has a 50-day simple moving average of $47.09 and a two-hundred day simple moving average of $47.99.

JPMorgan International Bond Opportunities ETF Company Profile

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.