iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Short Interest Up 10.0% in December

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 December. As of December 31st, there was short interest totalling 18,790,000 shares, an increase of 10.0% from the December 15th total of 17,080,000 shares. Based on an average daily volume of 5,498,100 shares, the short-interest ratio is currently 3.4 days.

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

Shares of EMB traded up $0.17 during mid-day trading on Monday, hitting $89.85. The company had a trading volume of 3,558,227 shares, compared to its average volume of 6,025,330. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $86.40 and a 1-year high of $93.97. The business’s 50-day simple moving average is $90.46 and its 200-day simple moving average is $91.08.

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

The business also recently declared a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 30th were issued a $0.2545 dividend. The ex-dividend date was Monday, December 30th.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. Sumitomo Life Insurance Co. lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 280.2% during the third quarter. Sumitomo Life Insurance Co. now owns 3,827,913 shares of the exchange traded fund’s stock valued at $358,216,000 after buying an additional 2,821,148 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% during the 3rd quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock valued at $223,279,000 after acquiring an additional 1,039,195 shares in the last quarter. Flow Traders U.S. LLC purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF during the 3rd quarter worth $54,052,000. Retirement Investment Advisors Inc. raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the third quarter. Retirement Investment Advisors Inc. now owns 231,274 shares of the exchange traded fund’s stock valued at $21,643,000 after purchasing an additional 12,353 shares during the period. Finally, Stairway Partners LLC raised its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 3.7% in the fourth quarter. Stairway Partners LLC now owns 228,951 shares of the exchange traded fund’s stock valued at $20,386,000 after purchasing an additional 8,073 shares during the period. 91.08% of the stock is owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

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.