Short Interest in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Grows By 6.9%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 18,500,000 shares, an increase of 6.9% from the September 30th total of 17,300,000 shares. Based on an average daily trading volume, of 5,797,200 shares, the short-interest ratio is currently 3.2 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of EMB. Tsfg LLC lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.7% in the 3rd quarter. Tsfg LLC now owns 7,128 shares of the exchange traded fund’s stock worth $667,000 after buying an additional 382 shares in the last quarter. Vicus Capital lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.8% in the third quarter. Vicus Capital now owns 41,332 shares of the exchange traded fund’s stock valued at $3,868,000 after acquiring an additional 2,642 shares during the last quarter. Farther Finance Advisors LLC boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 9.3% during the second quarter. Farther Finance Advisors LLC now owns 17,907 shares of the exchange traded fund’s stock worth $1,571,000 after purchasing an additional 1,525 shares during the period. EverSource Wealth Advisors LLC grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 140.9% during the second quarter. EverSource Wealth Advisors LLC now owns 3,380 shares of the exchange traded fund’s stock valued at $306,000 after purchasing an additional 1,977 shares during the last quarter. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Price Performance

Shares of EMB traded down $0.74 during trading hours on Friday, reaching $90.18. 7,574,712 shares of the company’s stock traded hands, compared to its average volume of 6,015,393. The business’s fifty day simple moving average is $92.38 and its two-hundred day simple moving average is $90.31. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $82.01 and a twelve month high of $93.97.

iShares J.P. Morgan USD Emerging Markets Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.3682 per share. The ex-dividend date was Tuesday, September 3rd.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.