JPMorgan Active Bond ETF (NYSE:JBND) Sees Significant Increase in Short Interest

by · The Markets Daily

JPMorgan Active Bond ETF (NYSE:JBND – Get Free Report) was the recipient of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 203,502 shares, an increase of 158.3% from the August 31st total of 78,789 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 1,187,765 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On JPMorgan Active Bond ETF

Hedge funds have recently modified their holdings of the company. Clearstead Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF in the fourth quarter worth about $58,000. Portfolio Resources Advisor Group Inc. bought a new position in JPMorgan Active Bond ETF during the 4th quarter valued at approximately $76,000. Cornerstone Planning Group LLC lifted its holdings in JPMorgan Active Bond ETF by 103.0% in the 1st quarter. Cornerstone Planning Group LLC now owns 1,411 shares of the company’s stock worth $75,000 after buying an additional 716 shares during the period. Root Financial Partners LLC purchased a new stake in JPMorgan Active Bond ETF in the 4th quarter worth approximately $95,000. Finally, Rockefeller Capital Management L.P. bought a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter worth approximately $117,000.

JPMorgan Active Bond ETF Stock Down 0.5%

Shares of JPMorgan Active Bond ETF stock traded down $0.23 on Monday, hitting $51.20. The stock had a trading volume of 1,323,982 shares, compared to its average volume of 975,576. JPMorgan Active Bond ETF has a one year low of $51.10 and a one year high of $55.78. The stock’s 50-day simple moving average is $52.47 and its two-hundred day simple moving average is $53.13.

About JPMorgan Active Bond ETF

(Get Free Report)

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.

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