JPMorgan BetaBuilders Europe ETF (BATS:BBEU) Shares Shorted: Short Interest Down 73.6% in October

JPMorgan BetaBuilders Europe ETF (BATS:BBEU – Get Free Report) was the target of a large decrease in short interest in October. As of October 30th, there was short interest totaling 76,651 shares, a decrease of 73.6% from the October 15th total of 290,383 shares. Based on an average daily trading volume, of 272,473 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On JPMorgan BetaBuilders Europe ETF

A number of large investors have recently bought and sold shares of BBEU. Citadel Advisors LLC bought a new stake in JPMorgan BetaBuilders Europe ETF during the 2nd quarter valued at $10,340,000. Oarsman Capital Inc. bought a new position in shares of JPMorgan BetaBuilders Europe ETF in the second quarter valued at approximately $8,384,000. Royal Bank of Canada grew its position in JPMorgan BetaBuilders Europe ETF by 217.9% in the 1st quarter. Royal Bank of Canada now owns 26,920 shares of the company’s stock worth $1,949,000 after purchasing an additional 18,452 shares in the last quarter. Fifth Third Bancorp purchased a new position in JPMorgan BetaBuilders Europe ETF in the first quarter worth $1,217,000. Finally, Marshall Wace LLP purchased a new position in JPMorgan BetaBuilders Europe ETF in the third quarter valued at about $968,000.

JPMorgan BetaBuilders Europe ETF Trading Up 0.2%

Shares of JPMorgan BetaBuilders Europe ETF stock traded up $0.16 during trading hours on Friday, reaching $77.61. 161,164 shares of the company’s stock were exchanged, compared to its average volume of 394,744. The company has a 50 day moving average of $76.66 and a two-hundred day moving average of $76.98. The stock has a market cap of $9.20 billion, a P/E ratio of 16.59 and a beta of 0.83. JPMorgan BetaBuilders Europe ETF has a fifty-two week low of $68.24 and a fifty-two week high of $81.31.

About JPMorgan BetaBuilders Europe ETF

(Get Free Report)

The JPMorgan BetaBuilders Europe ETF (BBEU) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market cap-weighted index of large- and mid-cap stocks in developed European countries. BBEU was launched on Jun 15, 2018 and is managed by JPMorgan Chase.

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