JPMorgan BetaBuilders Canada ETF (BATS:BBCA) Short Interest Up 139.8% in July

JPMorgan BetaBuilders Canada ETF (BATS:BBCA) was the recipient of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 431,954 shares, a growth of 139.8% from the June 30th total of 180,115 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 203,557 shares, the days-to-cover ratio is currently 2.1 days.

JPMorgan BetaBuilders Canada ETF Stock Up 0.8%

Shares of JPMorgan BetaBuilders Canada ETF stock opened at $103.31 on Wednesday. The stock has a market cap of $10.69 billion, a P/E ratio of 19.87 and a beta of 0.95. JPMorgan BetaBuilders Canada ETF has a 12-month low of $79.63 and a 12-month high of $103.46. The business’s 50 day moving average is $100.80 and its 200-day moving average is $98.13.

Hedge Funds Weigh In On JPMorgan BetaBuilders Canada ETF

A number of institutional investors have recently added to or reduced their stakes in BBCA. Atlantic Union Bankshares Corp acquired a new stake in JPMorgan BetaBuilders Canada ETF in the fourth quarter valued at $31,000. Signaturefd LLC acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth about $32,000. Capital Investment Counsel Inc acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth about $32,000. Eastern Bank acquired a new position in shares of JPMorgan BetaBuilders Canada ETF during the 4th quarter worth about $39,000. Finally, Bayban bought a new stake in shares of JPMorgan BetaBuilders Canada ETF in the 4th quarter valued at about $43,000.

About JPMorgan BetaBuilders Canada ETF

The JPMorgan BetaBuilders Canada ETF (BBCA) 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 Canadian equities. BBCA was launched on Aug 7, 2018 and is managed by JPMorgan Chase.