JPMorgan BetaBuilders Japan ETF (BATS:BBJP) Sees Significant Decrease in Short Interest

JPMorgan BetaBuilders Japan ETF (BATS:BBJP) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 175,934 shares, a drop of 68.4% from the September 15th total of 555,876 shares. Based on an average daily volume of 775,043 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

JPMorgan BetaBuilders Japan ETF Stock Up 0.1%

Shares of BBJP stock opened at $78.49 on Wednesday. The business has a 50-day moving average price of $78.23 and a two-hundred day moving average price of $75.35. JPMorgan BetaBuilders Japan ETF has a 12-month low of $65.39 and a 12-month high of $80.52. The firm has a market cap of $16.90 billion, a P/E ratio of 14.47 and a beta of 0.65.

Hedge Funds Weigh In On JPMorgan BetaBuilders Japan ETF

A number of large investors have recently modified their holdings of the company. Assetmark Inc. raised its position in JPMorgan BetaBuilders Japan ETF by 1.0% during the 1st quarter. Assetmark Inc. now owns 14,338 shares of the company’s stock valued at $988,000 after purchasing an additional 139 shares during the last quarter. Retirement Planning Group LLC lifted its holdings in JPMorgan BetaBuilders Japan ETF by 2.5% in the 1st quarter. Retirement Planning Group LLC now owns 11,987 shares of the company’s stock worth $826,000 after buying an additional 296 shares during the period. Geneos Wealth Management Inc. grew its position in shares of JPMorgan BetaBuilders Japan ETF by 3.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 9,456 shares of the company’s stock worth $652,000 after buying an additional 330 shares during the last quarter. NewEdge Advisors LLC grew its position in shares of JPMorgan BetaBuilders Japan ETF by 84.4% in the 1st quarter. NewEdge Advisors LLC now owns 723 shares of the company’s stock worth $50,000 after buying an additional 331 shares during the last quarter. Finally, Simon Quick Advisors LLC grew its position in shares of JPMorgan BetaBuilders Japan ETF by 7.6% in the 1st quarter. Simon Quick Advisors LLC now owns 5,477 shares of the company’s stock worth $377,000 after buying an additional 388 shares during the last quarter.

About JPMorgan BetaBuilders Japan ETF

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