JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) Shares Shorted: Short Interest Up 295.5% in September

JPMorgan Inflation Managed Bond ETF (NYSEARCA:JCPI) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 7,630 shares, a growth of 295.5% from the September 15th total of 1,929 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 76,281 shares, the days-to-cover ratio is presently 0.1 days.

JPMorgan Inflation Managed Bond ETF Stock Down 0.3%

Shares of JPMorgan Inflation Managed Bond ETF stock traded down $0.15 during trading on Monday, reaching $46.02. 65,853 shares of the company traded hands, compared to its average volume of 58,826. JPMorgan Inflation Managed Bond ETF has a 1-year low of $45.78 and a 1-year high of $50.95. The company has a 50 day moving average price of $46.95 and a 200-day moving average price of $47.72.

Hedge Funds Weigh In On JPMorgan Inflation Managed Bond ETF

Institutional investors have recently made changes to their positions in the stock. Systelligence LLC bought a new position in JPMorgan Inflation Managed Bond ETF in the first quarter worth approximately $4,781,000. Ocean Park Asset Management LLC bought a new stake in shares of JPMorgan Inflation Managed Bond ETF during the second quarter valued at approximately $3,182,000. Private Advisor Group LLC increased its holdings in shares of JPMorgan Inflation Managed Bond ETF by 44.8% during the first quarter. Private Advisor Group LLC now owns 101,631 shares of the company’s stock valued at $4,917,000 after acquiring an additional 31,431 shares in the last quarter. Capital Analysts LLC increased its holdings in shares of JPMorgan Inflation Managed Bond ETF by 102.6% during the second quarter. Capital Analysts LLC now owns 53,065 shares of the company’s stock valued at $2,539,000 after acquiring an additional 26,871 shares in the last quarter. Finally, Cornerstone Planning Group LLC acquired a new position in shares of JPMorgan Inflation Managed Bond ETF during the first quarter worth approximately $1,158,000.

About JPMorgan Inflation Managed Bond ETF

The JPMorgan Inflation Managed Bond ETF (JCPI) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund aims to protect total return by holding a broad portfolio of US investment-grade bonds that is equivalent to those of inflation-protected securities. The actively managed fund makes use of swaps to hedge inflation risk. JCPI was launched on Mar 31, 2010 and is managed by JPMorgan Chase.