JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) Sees Large Drop in Short Interest

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 42,803 shares, a decline of 29.7% from the December 15th total of 60,851 shares. Based on an average daily trading volume, of 246,396 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are sold short. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 246,396 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On JPMorgan Short Duration Core Plus ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Perigon Wealth Management LLC lifted its holdings in shares of JPMorgan Short Duration Core Plus ETF by 5.4% in the fourth quarter. Perigon Wealth Management LLC now owns 120,232 shares of the company’s stock worth $5,718,000 after buying an additional 6,112 shares in the last quarter. Professional Financial Advisors LLC purchased a new stake in JPMorgan Short Duration Core Plus ETF in the 4th quarter worth approximately $486,000. Hennion & Walsh Asset Management Inc. lifted its stake in JPMorgan Short Duration Core Plus ETF by 4.2% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 408,925 shares of the company’s stock worth $19,447,000 after purchasing an additional 16,414 shares in the last quarter. 21 West Wealth Management LLC boosted its holdings in JPMorgan Short Duration Core Plus ETF by 5.8% in the 4th quarter. 21 West Wealth Management LLC now owns 68,326 shares of the company’s stock valued at $3,249,000 after purchasing an additional 3,745 shares during the period. Finally, Roberts Wealth Advisors LLC grew its position in shares of JPMorgan Short Duration Core Plus ETF by 33.7% during the 4th quarter. Roberts Wealth Advisors LLC now owns 497,126 shares of the company’s stock valued at $23,642,000 after purchasing an additional 125,393 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of JPMorgan Short Duration Core Plus ETF stock traded down $0.06 during trading hours on Friday, reaching $47.53. The company had a trading volume of 202,918 shares, compared to its average volume of 216,283. The firm has a market cap of $1.21 billion, a PE ratio of 8.12 and a beta of 0.13. JPMorgan Short Duration Core Plus ETF has a one year low of $46.42 and a one year high of $47.80. The business has a fifty day simple moving average of $47.59 and a 200 day simple moving average of $47.50.

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.