iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Sees Large Increase in Short Interest

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a large increase in short interest in 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 days-to-cover ratio is currently 3.2 days.

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

Shares of NASDAQ:EMB traded down $0.74 during midday trading on Friday, reaching $90.18. 7,574,712 shares of the company’s stock were exchanged, compared to its average volume of 6,015,393. The company’s 50 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 12 month low of $82.01 and a 12 month high of $93.97.

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

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

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Large investors have recently modified their holdings of the stock. Harbor Capital Advisors Inc. boosted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 117 shares in the last quarter. Whittier Trust Co. of Nevada Inc. grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 278 shares during the period. Global Financial Private Client LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% during the 1st quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares during the last quarter. Olistico Wealth LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the second quarter worth $46,000. Finally, Zions Bancorporation N.A. acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF in the second quarter valued at about $47,000. 91.08% of the stock is currently owned by institutional investors.

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.