JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Short Interest Update

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) saw a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 35,833 shares, a growth of 58.2% from the February 12th total of 22,647 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 144,826 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 144,826 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

Several institutional investors have recently added to or reduced their stakes in the company. Colonial Trust Advisors grew its stake in shares of JPMorgan Short Duration Core Plus ETF by 164.2% during the fourth quarter. Colonial Trust Advisors now owns 708 shares of the company’s stock valued at $34,000 after buying an additional 440 shares during the last quarter. Royal Bank of Canada bought a new stake in shares of JPMorgan Short Duration Core Plus ETF during the 4th quarter worth approximately $55,000. Northwestern Mutual Wealth Management Co. purchased a new position in JPMorgan Short Duration Core Plus ETF during the 2nd quarter valued at $77,000. Geneos Wealth Management Inc. boosted its holdings in JPMorgan Short Duration Core Plus ETF by 13.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,400 shares of the company’s stock valued at $162,000 after acquiring an additional 400 shares during the period. Finally, Salomon & Ludwin LLC bought a new position in JPMorgan Short Duration Core Plus ETF in the 3rd quarter valued at $174,000.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of JSCP traded down $0.03 during midday trading on Friday, hitting $47.29. The stock had a trading volume of 156,681 shares, compared to its average volume of 231,830. JPMorgan Short Duration Core Plus ETF has a 1 year low of $46.42 and a 1 year high of $47.87. The firm has a market cap of $1.27 billion, a PE ratio of 8.12 and a beta of 0.13. The stock’s 50 day moving average is $47.61 and its 200 day moving average is $47.60.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a dividend of $0.1703 per share. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date was Monday, March 2nd.

JPMorgan Short Duration Core Plus ETF Company Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.