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

JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 400 shares, a decline of 20.0% from the October 15th total of 500 shares. Based on an average daily volume of 500 shares, the days-to-cover ratio is currently 0.8 days.

JPMorgan Sustainable Infrastructure ETF Price Performance

Shares of BLLD stock traded up $0.12 during mid-day trading on Friday, hitting $50.51. 201 shares of the stock traded hands, compared to its average volume of 314. JPMorgan Sustainable Infrastructure ETF has a 52-week low of $44.71 and a 52-week high of $54.74. The stock has a market cap of $21.72 million, a P/E ratio of 19.23 and a beta of 1.04. The stock’s fifty day moving average is $53.04 and its two-hundred day moving average is $50.62.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Sustainable Infrastructure ETF stock. Jane Street Group LLC raised its holdings in shares of JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) by 13.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,736 shares of the company’s stock after purchasing an additional 2,896 shares during the period. Jane Street Group LLC owned 5.75% of JPMorgan Sustainable Infrastructure ETF worth $1,351,000 at the end of the most recent quarter.

JPMorgan Sustainable Infrastructure ETF Company Profile

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.