Short Interest in JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BATS:BBIB) Drops By 94.6%

by · The Markets Daily

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BATS:BBIB – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 325 shares, a decrease of 94.6% from the May 14th total of 6,016 shares. Based on an average daily volume of 15,952 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s stock are sold short.

Hedge Funds Weigh In On JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF

Several institutional investors have recently made changes to their positions in BBIB. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 7.2% during the third quarter. JPMorgan Chase & Co. now owns 170,232 shares of the company’s stock valued at $16,953,000 after purchasing an additional 11,496 shares during the period. Kelly Financial Group LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 4.7% during the fourth quarter. Kelly Financial Group LLC now owns 181,992 shares of the company’s stock valued at $18,142,000 after purchasing an additional 8,100 shares during the period. Citadel Advisors LLC raised its holdings in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 6.3% during the third quarter. Citadel Advisors LLC now owns 9,213 shares of the company’s stock valued at $918,000 after purchasing an additional 548 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF by 73.3% during the second quarter. Osaic Holdings Inc. now owns 709 shares of the company’s stock valued at $70,000 after purchasing an additional 300 shares during the period.

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF Trading Down 0.1%

Shares of BATS BBIB opened at $97.22 on Thursday. The firm’s 50-day moving average price is $98.03 and its 200-day moving average price is $98.95. JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF has a 1-year low of $96.88 and a 1-year high of $100.71.

JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF Company Profile

(Get Free Report)

The JPMorgan BetaBuilders U.S. Treasury Bond 3-10 Year ETF (BBIB) is an exchange-traded fund that is based on the ICE U.S. Treasury 3 -7 Year TR index. The fund tracks a market value-weighted index of US Treasurys with three to ten years until maturity. Constituents are selected using the same manner that they are weighted. BBIB was launched on Apr 19, 2023 and is managed by JPMorgan Chase.

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