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

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a large increase in short interest during 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 trading volume of 5,498,100 shares, the short-interest ratio is currently 3.4 days.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.2 %

Shares of NASDAQ:EMB traded up $0.17 during midday trading on Monday, reaching $89.85. 3,558,227 shares of the company’s stock traded hands, compared to its average volume of 6,025,330. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $86.40 and a one year high of $93.97. The stock has a 50 day moving average of $90.46 and a 200 day moving average of $91.08.

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

The company also recently disclosed a dividend, which was paid on Friday, January 3rd. Investors of record on Monday, December 30th were given a dividend of $0.2545 per share. The ex-dividend date of this dividend was Monday, December 30th.

Hedge Funds Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Several institutional investors have recently made changes to their positions in the business. Harbor Capital Advisors Inc. grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 117 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% during the third quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 278 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% during the fourth 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 during the period. First Financial Corp IN purchased a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter worth about $40,000. Finally, Transcendent Capital Group LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 67.3% in the third quarter. Transcendent Capital Group LLC now owns 962 shares of the exchange traded fund’s stock worth $90,000 after buying an additional 387 shares during the period. Institutional investors own 91.08% of the company’s stock.

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.