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

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

Institutional Trading of JPMorgan Sustainable Infrastructure ETF

A hedge fund recently raised its stake in JPMorgan Sustainable Infrastructure ETF stock. Jane Street Group LLC raised its position in shares of JPMorgan Sustainable Infrastructure ETF (NASDAQ:BLLD) by 13.3% in the third quarter, according to the company in its most recent filing with the Securities & 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 about 5.75% of JPMorgan Sustainable Infrastructure ETF worth $1,351,000 as of its most recent filing with the Securities & Exchange Commission.

JPMorgan Sustainable Infrastructure ETF Trading Up 0.1 %

Shares of NASDAQ BLLD traded up $0.05 during mid-day trading on Tuesday, reaching $46.48. The company had a trading volume of 958 shares, compared to its average volume of 341. The stock has a market cap of $19.99 million, a price-to-earnings ratio of 19.23 and a beta of 1.04. JPMorgan Sustainable Infrastructure ETF has a 52 week low of $44.71 and a 52 week high of $54.74. The business’s 50-day moving average is $50.58 and its 200-day moving average is $50.98.

JPMorgan Sustainable Infrastructure ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $1.7633 per share. The ex-dividend date was Tuesday, December 24th. This is a positive change from JPMorgan Sustainable Infrastructure ETF’s previous dividend of $0.80.

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.