JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB) Sees Large Growth in Short Interest

by · The Markets Daily

JPMorgan International Bond Opportunities ETF (NYSEARCA:JPIB – Get Free Report) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 399,271 shares, a growth of 253.8% from the September 15th total of 112,837 shares. Based on an average daily volume of 383,343 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.8% of the shares of the stock are sold short.

Institutional Trading of JPMorgan International Bond Opportunities ETF

A number of large investors have recently modified their holdings of the business. Avantax Planning Partners Inc. lifted its position in JPMorgan International Bond Opportunities ETF by 4.5% during the first quarter. Avantax Planning Partners Inc. now owns 2,433,536 shares of the company’s stock valued at $116,372,000 after purchasing an additional 103,811 shares during the last quarter. Rice Partnership LLC raised its position in shares of JPMorgan International Bond Opportunities ETF by 4.4% during the 1st quarter. Rice Partnership LLC now owns 1,490,968 shares of the company’s stock valued at $71,298,000 after buying an additional 62,702 shares in the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan International Bond Opportunities ETF by 247.3% during the 1st quarter. Bank of America Corp DE now owns 1,078,443 shares of the company’s stock valued at $51,571,000 after buying an additional 767,913 shares in the last quarter. Parallel Advisors LLC bought a new stake in shares of JPMorgan International Bond Opportunities ETF during the 1st quarter worth $42,225,000. Finally, Cetera Investment Advisers lifted its holdings in shares of JPMorgan International Bond Opportunities ETF by 29.0% during the 1st quarter. Cetera Investment Advisers now owns 757,482 shares of the company’s stock worth $36,223,000 after acquiring an additional 170,318 shares during the last quarter.

JPMorgan International Bond Opportunities ETF Trading Up 0.1%

Shares of JPIB traded up $0.03 during mid-day trading on Friday, reaching $46.77. 494,759 shares of the stock traded hands, compared to its average volume of 266,051. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 4.86 and a beta of 0.25. JPMorgan International Bond Opportunities ETF has a 1 year low of $46.38 and a 1 year high of $49.42. The firm has a fifty day moving average price of $47.41 and a 200 day moving average price of $47.82.

About JPMorgan International Bond Opportunities ETF

(Get Free Report)

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.

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