JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) Sees Significant Decrease in Short Interest

JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totalling 3,800 shares, a decline of 7.3% from the November 30th total of 4,100 shares. Based on an average daily trading volume, of 700 shares, the days-to-cover ratio is presently 5.4 days.

JPMorgan Sustainable Infrastructure ETF Price Performance

Shares of NASDAQ BLLD traded up $0.03 during trading on Wednesday, hitting $46.46. 1,187 shares of the company were exchanged, compared to its average volume of 342. JPMorgan Sustainable Infrastructure ETF has a 1 year low of $44.71 and a 1 year high of $54.74. The company has a market cap of $19.98 million, a price-to-earnings ratio of 19.23 and a beta of 1.04. The firm’s fifty day moving average price is $50.32 and its 200 day moving average price is $50.94.

JPMorgan Sustainable Infrastructure ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a dividend of $1.7633 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from JPMorgan Sustainable Infrastructure ETF’s previous dividend of $0.80.

Institutional Inflows and Outflows

An institutional investor recently raised its position in JPMorgan Sustainable Infrastructure ETF stock. Jane Street Group LLC raised its position in JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) by 13.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 24,736 shares of the company’s stock after purchasing an additional 2,896 shares during the period. Jane Street Group LLC owned about 5.75% of JPMorgan Sustainable Infrastructure ETF worth $1,351,000 at the end of the most recent reporting period.

About JPMorgan Sustainable Infrastructure ETF

The JPMorgan Sustainable Infrastructure ETF (BLLD) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed and seeks to invest in companies from around the world that develop solutions to sustainable infrastructure and are positioned to benefit from those changes.