JBBB Stock Summary and Trading Ideas (Janus Detroit Street Trust Janus Henderson B-Bbb Clo ETF | ARCA:JBBB)

An ETF with floating rate exposure to CLOs rated from B to BBB and seeking to deliver investors access to securities with low default risk, low correlations to traditional fixed income asset classes and yield potential.

Janus Detroit Street Trust Janus Henderson B-Bbb Clo ETF trades on the ARCA stock market under the symbol JBBB.

As of December 12, 2024, JBBB stock price climbed to $49.29 with 215,068 million shares trading.

JBBB has a beta of 0.05, meaning it tends to be less sensitive to market movements. JBBB has a correlation of 0.06 to the broad based SPY ETF.

JBBB has a market cap of $1.37 billion. This is considered a Small Cap stock.

JBBB has underperformed the market in the last year with a price return of +12.1% while the SPY ETF gained +32.3%. JBBB has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +3.3% and +0.3%, respectively, while the SPY returned +9.3% and +0.9%, respectively.

JBBB support price is $49.13 and resistance is $49.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that JBBB shares will trade within this expected range on the day.