JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) Short Interest Up 22.1% in March

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF (NYSEARCA:BBMC) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 6,546 shares, an increase of 22.1% from the March 15th total of 5,360 shares. Based on an average daily trading volume, of 51,471 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

Several hedge funds have recently added to or reduced their stakes in BBMC. Royal Bank of Canada lifted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 31,628.6% during the 1st quarter. Royal Bank of Canada now owns 4,442 shares of the company’s stock worth $400,000 after purchasing an additional 4,428 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 235.3% during the 1st quarter. Goldman Sachs Group Inc. now owns 15,340 shares of the company’s stock worth $1,382,000 after purchasing an additional 10,765 shares during the last quarter. Jane Street Group LLC acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 1st quarter worth approximately $1,592,000. Raymond James Financial Inc. acquired a new stake in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF during the 2nd quarter worth approximately $144,000. Finally, Bank of America Corp DE lifted its holdings in JPMorgan BetaBuilders U.S. Mid Cap Equity ETF by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 6,721 shares of the company’s stock worth $655,000 after purchasing an additional 216 shares during the last quarter.

JPMorgan BetaBuilders U.S. Mid Cap Equity ETF Stock Up 1.8%

BBMC opened at $118.80 on Friday. JPMorgan BetaBuilders U.S. Mid Cap Equity ETF has a 12-month low of $81.80 and a 12-month high of $119.43. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 18.31 and a beta of 1.09. The business has a 50 day moving average of $112.26 and a 200-day moving average of $109.14.

About JPMorgan BetaBuilders U.S. Mid Cap Equity ETF

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.