JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Shares Shorted: Short Interest Down 96.8% in October

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 11,392 shares, a decline of 96.8% from the October 15th total of 356,461 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 523,736 shares, the days-to-cover ratio is currently 0.0 days.

JPMorgan Limited Duration Bond ETF Trading Down 0.2%

NYSEARCA JPLD traded down $0.12 on Tuesday, hitting $51.49. 605,938 shares of the stock traded hands, compared to its average volume of 497,606. The stock has a 50-day moving average of $51.51 and a 200 day moving average of $52.02. JPMorgan Limited Duration Bond ETF has a twelve month low of $50.92 and a twelve month high of $52.75.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Institutional investors have recently made changes to their positions in the company. Composition Wealth LLC bought a new position in JPMorgan Limited Duration Bond ETF during the third quarter worth $52,806,000. Allspring Global Investments Holdings LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 217,192.3% during the first quarter. Allspring Global Investments Holdings LLC now owns 875,688 shares of the company’s stock worth $45,641,000 after purchasing an additional 875,285 shares during the period. MBM Wealth Consultants LLC raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 7.5% during the third quarter. MBM Wealth Consultants LLC now owns 551,921 shares of the company’s stock worth $28,374,000 after purchasing an additional 38,534 shares during the period. Bank of America Corp DE raised its holdings in shares of JPMorgan Limited Duration Bond ETF by 3.5% during the first quarter. Bank of America Corp DE now owns 402,817 shares of the company’s stock worth $21,023,000 after purchasing an additional 13,694 shares during the period. Finally, Essential Planning LLC. lifted its position in shares of JPMorgan Limited Duration Bond ETF by 29.5% in the 3rd quarter. Essential Planning LLC. now owns 384,490 shares of the company’s stock worth $19,767,000 after buying an additional 87,526 shares during the last quarter.

JPMorgan Limited Duration Bond ETF Company Profile

The JPMorgan Limited Duration Bond ETF (JPLD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests mainly in a broad portfolio of investment grade asset-backed and mortgage-backed securities with an average duration of three years or less. JPLD was launched on Jul 28, 2023 and is issued by JPMorgan Chase.