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

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of a large growth in short interest in October. As of October 15th, there was short interest totalling 18,500,000 shares, a growth 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 presently 3.2 days.

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

EMB stock traded down $0.74 during trading on Friday, reaching $90.18. The stock had a trading volume of 7,574,712 shares, compared to its average volume of 6,015,393. The firm has a fifty day moving average price of $92.38 and a 200 day moving average price of $90.31. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1-year low of $82.01 and a 1-year high of $93.97.

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

The business also recently announced a dividend, which was paid on Friday, September 6th. Stockholders of record on Tuesday, September 3rd were paid a $0.3682 dividend. The ex-dividend date was Tuesday, September 3rd.

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

A number of institutional investors have recently modified their holdings of EMB. Sumitomo Life Insurance Co. raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 280.2% in the 3rd quarter. Sumitomo Life Insurance Co. now owns 3,827,913 shares of the exchange traded fund’s stock valued at $358,216,000 after purchasing an additional 2,821,148 shares in the last quarter. TIAA Trust National Association grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 134.4% during the 1st quarter. TIAA Trust National Association now owns 1,250,692 shares of the exchange traded fund’s stock valued at $112,300,000 after buying an additional 717,196 shares during the last quarter. Bessemer Group Inc. grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 16.1% during the 1st quarter. Bessemer Group Inc. now owns 2,033,197 shares of the exchange traded fund’s stock valued at $182,317,000 after buying an additional 281,339 shares during the last quarter. Retirement Investment Advisors Inc. bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter valued at about $19,370,000. Finally, Symmetry Partners LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 2nd quarter valued at about $7,385,000. Institutional investors and hedge funds own 91.08% of the company’s stock.

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.