JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) Shares Shorted: Short Interest Up 74.5% in September

JPMorgan BetaBuilders MSCI US REIT ETF (BATS:BBRE) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 64,792 shares, an increase of 74.5% from the September 15th total of 37,140 shares. Based on an average daily trading volume, of 61,651 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Trading of JPMorgan BetaBuilders MSCI US REIT ETF

Hedge funds have recently bought and sold shares of the stock. QRG Capital Management Inc. bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the second quarter valued at about $549,000. Envestnet Portfolio Solutions Inc. acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at approximately $1,502,000. Integrated Wealth Concepts LLC acquired a new position in JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter valued at approximately $19,222,000. Concurrent Investment Advisors LLC raised its holdings in JPMorgan BetaBuilders MSCI US REIT ETF by 14.2% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 160,179 shares of the company’s stock valued at $16,693,000 after acquiring an additional 19,964 shares in the last quarter. Finally, Mason & Associates Inc bought a new stake in shares of JPMorgan BetaBuilders MSCI US REIT ETF in the 2nd quarter worth approximately $26,504,000.

JPMorgan BetaBuilders MSCI US REIT ETF Trading Up 1.1%

BBRE opened at $100.38 on Friday. The business has a 50 day moving average of $104.07 and a 200-day moving average of $105.02. The stock has a market capitalization of $976.70 million, a price-to-earnings ratio of 34.86 and a beta of 1.02. JPMorgan BetaBuilders MSCI US REIT ETF has a 1-year low of $91.82 and a 1-year high of $113.40.

JPMorgan BetaBuilders MSCI US REIT ETF Company Profile

The JPMorgan BetaBuilders MSCI U.S. REIT ETF (BBRE) is an exchange-traded fund that is based on the MSCI US REIT Custom Capped index, a market-cap-weighted index of small-, mid-, and large-cap companies involved in the ownership or management of US real estate. BBRE was launched on Jun 15, 2018 and is managed by JPMorgan Chase.