JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) Stock Short Interest Climbs 420.3%

JPMorgan Limited Duration Bond ETF (NYSEARCA:JPLD) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 356,461 shares, a growth of 420.3% from the September 30th total of 68,515 shares. Based on an average daily trading volume, of 489,642 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On JPMorgan Limited Duration Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Planning Project LLC acquired a new position in shares of JPMorgan Limited Duration Bond ETF during the 2nd quarter valued at $696,000. Juno Financial Group LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the first quarter valued at $8,687,000. Scott Capital Advisors LLC lifted its holdings in shares of JPMorgan Limited Duration Bond ETF by 720.9% in the second quarter. Scott Capital Advisors LLC now owns 321,805 shares of the company’s stock valued at $16,795,000 after buying an additional 282,602 shares during the period. Kintra Wealth LLC acquired a new stake in shares of JPMorgan Limited Duration Bond ETF in the second quarter valued at $5,139,000. Finally, Cedar Mountain Advisors LLC boosted its stake in JPMorgan Limited Duration Bond ETF by 1,189.9% during the second quarter. Cedar Mountain Advisors LLC now owns 12,267 shares of the company’s stock valued at $640,000 after buying an additional 11,316 shares in the last quarter.

JPMorgan Limited Duration Bond ETF Trading Up 0.0%

Shares of JPMorgan Limited Duration Bond ETF stock traded up $0.02 on Wednesday, hitting $51.56. The company had a trading volume of 496,862 shares, compared to its average volume of 502,588. The business has a 50-day simple moving average of $51.60 and a 200-day simple moving average of $52.06. JPMorgan Limited Duration Bond ETF has a 52 week low of $50.92 and a 52 week high of $52.75.

JPMorgan Limited Duration Bond ETF Company Profile

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.