JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC) Shares Shorted: Short Interest Up 934.4% in October

by · The Markets Daily

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BATS:BBMC – Get Free Report) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 7,696 shares, a growth of 934.4% from the September 30th total of 744 shares. Based on an average daily trading volume, of 21,580 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Investors Weigh In On JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of BBMC. Gradient Investments LLC bought a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the third quarter worth approximately $700,000. Citadel Advisors LLC grew its stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 52.8% in the 2nd quarter. Citadel Advisors LLC now owns 19,405 shares of the company’s stock valued at $2,467,000 after purchasing an additional 6,705 shares during the period. Bank of America Corp DE lifted its holdings in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 273.4% during the first quarter. Bank of America Corp DE now owns 12,640 shares of the company’s stock valued at $1,370,000 after acquiring an additional 9,255 shares during the period. Royal Bank of Canada grew its stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 92.8% during the first quarter. Royal Bank of Canada now owns 6,149 shares of the company’s stock worth $667,000 after buying an additional 2,959 shares during the last quarter. Finally, Archer Investment Corp acquired a new stake in shares of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF in the first quarter valued at $490,000.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 0.5%

BBMC stock traded up $0.59 during mid-day trading on Monday, reaching $122.09. The company had a trading volume of 3,722 shares, compared to its average volume of 32,564. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a one year low of $99.77 and a one year high of $130.07. The stock has a market capitalization of $2.00 billion, a P/E ratio of 18.31 and a beta of 1.08. The stock’s 50-day simple moving average is $123.93 and its two-hundred day simple moving average is $119.68.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

(Get Free Report)

The JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (BBMC) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks an index of US mid-cap equities, selected and weighted by market cap. BBMC was launched on Apr 14, 2020 and is managed by JPMorgan Chase.

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