JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Shares Shorted: Short Interest Up 414.6% in September

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 431,584 shares, an increase of 414.6% from the August 31st total of 83,860 shares. Based on an average daily trading volume, of 489,873 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the shares of the company are sold short.

Hedge Funds Weigh In On JPMorgan Limited Duration Bond ETF

A number of hedge funds have recently modified their holdings of the company. Wagner Wealth Management LLC purchased a new stake in JPMorgan Limited Duration Bond ETF during the 1st quarter valued at approximately $45,000. Security National Bank of SO Dak purchased a new position in shares of JPMorgan Limited Duration Bond ETF in the second quarter worth $47,000. Cedar Mountain Advisors LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the fourth quarter worth $50,000. Bogart Wealth LLC bought a new position in shares of JPMorgan Limited Duration Bond ETF during the first quarter worth $52,000. Finally, Sound Income Strategies LLC purchased a new position in JPMorgan Limited Duration Bond ETF during the first quarter valued at $74,000.

JPMorgan Limited Duration Bond ETF Trading Up 0.1%

Shares of NYSEARCA:JPLD traded up $0.07 during mid-day trading on Friday, reaching $51.47. 486,620 shares of the company traded hands, compared to its average volume of 502,497. The company’s 50 day moving average price is $51.86 and its 200-day moving average price is $52.04. JPMorgan Limited Duration Bond ETF has a 52 week low of $51.40 and a 52 week high of $52.75.

About JPMorgan Limited Duration Bond ETF

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.