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

JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 31,589 shares, a growth of 207.2% from the September 30th total of 10,284 shares. Based on an average daily trading volume, of 269,926 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are sold short.

JPMorgan Short Duration Core Plus ETF Price Performance

JSCP traded up $0.07 during trading on Friday, hitting $46.41. The company’s stock had a trading volume of 123,295 shares, compared to its average volume of 227,782. JPMorgan Short Duration Core Plus ETF has a twelve month low of $45.78 and a twelve month high of $47.87. The stock has a market cap of $1.86 billion, a PE ratio of 8.12 and a beta of 0.12. The firm’s 50 day moving average price is $46.32 and its 200-day moving average price is $47.00.

Institutional Trading of JPMorgan Short Duration Core Plus ETF

Several large investors have recently added to or reduced their stakes in the stock. Putney Financial Group LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF in the 3rd quarter worth approximately $96,000. Cedar Mountain Advisors LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF during the second quarter worth about $139,000. XML Financial LLC bought a new position in JPMorgan Short Duration Core Plus ETF in the third quarter worth about $215,000. Shulman DeMeo Asset Management LLC bought a new position in shares of JPMorgan Short Duration Core Plus ETF during the third quarter valued at approximately $238,000. Finally, Bank of New Hampshire lifted its holdings in shares of JPMorgan Short Duration Core Plus ETF by 94.8% in the 3rd quarter. Bank of New Hampshire now owns 5,990 shares of the company’s stock worth $275,000 after purchasing an additional 2,915 shares during the last quarter.

About JPMorgan Short Duration Core Plus ETF

(Get Free Report)

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.

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