JPMorgan Active Bond ETF (NYSE:JBND) Shares Shorted: Short Interest Down 86.1% in October

JPMorgan Active Bond ETF (NYSE:JBND) was the recipient of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 101,569 shares, a drop of 86.1% from the September 30th total of 731,051 shares. Based on an average daily trading volume, of 1,936,966 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Royal Harbor Partners LLC raised its holdings in shares of JPMorgan Active Bond ETF by 4.3% during the 3rd quarter. Royal Harbor Partners LLC now owns 370,778 shares of the company’s stock valued at $18,954,000 after buying an additional 15,313 shares during the period. Vise Technologies Inc. acquired a new position in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $1,941,000. Heritage Wealth Management Inc. boosted its holdings in JPMorgan Active Bond ETF by 33.5% in the 3rd quarter. Heritage Wealth Management Inc. now owns 28,588 shares of the company’s stock worth $1,461,000 after acquiring an additional 7,177 shares during the period. Partners Wealth Management LLC purchased a new position in JPMorgan Active Bond ETF in the 3rd quarter worth approximately $229,000. Finally, ERn Financial LLC boosted its holdings in JPMorgan Active Bond ETF by 2.9% in the 3rd quarter. ERn Financial LLC now owns 112,801 shares of the company’s stock worth $5,766,000 after acquiring an additional 3,197 shares during the period.

JPMorgan Active Bond ETF Stock Performance

JBND opened at $51.76 on Thursday. The business has a 50-day moving average of $51.81 and a two-hundred day moving average of $53.15. JPMorgan Active Bond ETF has a 12 month low of $50.70 and a 12 month high of $55.78.

About JPMorgan Active Bond ETF

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.