JPMorgan Active Bond ETF (NYSE:JBND) Sees Large Increase in Short Interest

JPMorgan Active Bond ETF (NYSE:JBND) was the recipient of a significant increase in short interest in September. As of September 15th, there was short interest totaling 203,502 shares, an increase of 158.3% from the August 31st total of 78,789 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 1,187,765 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On JPMorgan Active Bond ETF

Several institutional investors have recently modified their holdings of the company. Clearstead Advisors LLC purchased a new stake in shares of JPMorgan Active Bond ETF during the 4th quarter worth $58,000. Cornerstone Planning Group LLC raised its stake in JPMorgan Active Bond ETF by 103.0% in the first quarter. Cornerstone Planning Group LLC now owns 1,411 shares of the company’s stock valued at $75,000 after buying an additional 716 shares in the last quarter. Portfolio Resources Advisor Group Inc. acquired a new stake in JPMorgan Active Bond ETF in the fourth quarter valued at $76,000. Root Financial Partners LLC purchased a new stake in JPMorgan Active Bond ETF during the 4th quarter worth about $95,000. Finally, Rockefeller Capital Management L.P. purchased a new stake in JPMorgan Active Bond ETF during the 4th quarter worth about $117,000.

JPMorgan Active Bond ETF Trading Up 0.3%

Shares of JPMorgan Active Bond ETF stock opened at $51.45 on Friday. JPMorgan Active Bond ETF has a 52-week low of $51.22 and a 52-week high of $55.78. The company has a 50 day moving average of $52.47 and a 200 day moving average of $53.14.

JPMorgan Active Bond ETF Company Profile

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.