JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) Short Interest Up 296.4% in August

JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 142,231 shares, a growth of 296.4% from the August 15th total of 35,877 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 250,676 shares, the short-interest ratio is currently 0.6 days.

JPMorgan International Bond Opportunities ETF Trading Down 0.2%

Shares of NYSEARCA:JPIB opened at $47.10 on Friday. The firm has a 50 day simple moving average of $47.85 and a 200-day simple moving average of $48.05. JPMorgan International Bond Opportunities ETF has a twelve month low of $47.06 and a twelve month high of $49.42. The company has a market capitalization of $2.08 billion, a PE ratio of 4.86 and a beta of 0.24.

Hedge Funds Weigh In On JPMorgan International Bond Opportunities ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Avantax Planning Partners Inc. raised its position in shares of JPMorgan International Bond Opportunities ETF by 4.5% during the 1st quarter. Avantax Planning Partners Inc. now owns 2,433,536 shares of the company’s stock worth $116,372,000 after purchasing an additional 103,811 shares during the period. Rice Partnership LLC boosted its position in JPMorgan International Bond Opportunities ETF by 4.4% during the 1st quarter. Rice Partnership LLC now owns 1,490,968 shares of the company’s stock valued at $71,298,000 after purchasing an additional 62,702 shares during the period. LPL Financial LLC grew its stake in JPMorgan International Bond Opportunities ETF by 74.3% during the 4th quarter. LPL Financial LLC now owns 1,425,590 shares of the company’s stock worth $69,426,000 after buying an additional 607,775 shares during the last quarter. Bank of America Corp DE grew its stake in JPMorgan International Bond Opportunities ETF by 247.3% during the 1st quarter. Bank of America Corp DE now owns 1,078,443 shares of the company’s stock worth $51,571,000 after buying an additional 767,913 shares during the last quarter. Finally, Parallel Advisors LLC acquired a new stake in JPMorgan International Bond Opportunities ETF in the first quarter worth $42,225,000.

JPMorgan International Bond Opportunities ETF Company Profile

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.