iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Short Interest Update

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 17,600,000 shares, a decrease of 23.0% from the January 31st total of 22,850,000 shares. Based on an average daily trading volume, of 5,611,200 shares, the days-to-cover ratio is currently 3.1 days.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.7 %

Shares of NASDAQ EMB traded down $0.60 during trading hours on Thursday, hitting $90.69. 1,428,632 shares of the stock were exchanged, compared to its average volume of 5,784,846. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $86.40 and a 12 month high of $93.97. The firm has a fifty day moving average price of $90.27 and a 200-day moving average price of $91.26.

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

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.3856 per share. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. OLD Point Trust & Financial Services N A purchased a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter worth about $28,000. 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 worth $36,000 after purchasing an additional 117 shares in the last quarter. Cullen Frost Bankers Inc. grew its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% during the 4th quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 196 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 251 shares in the last quarter. Finally, First Financial Corp IN purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter worth $40,000. 91.08% of the stock is currently 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.