Short Interest in iShares JP Morgan USD Emerging Markets Bond ETF (EMB) Rises By 64.0%


iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of a significant increase in short interest in December. As of December 31st, there was short interest totalling 17,324,798 shares, an increase of 64.0% from the December 14th total of 10,563,423 shares. Based on an average daily trading volume, of 4,844,560 shares, the short-interest ratio is currently 3.6 days.

Shares of NASDAQ EMB traded down $0.49 during midday trading on Monday, hitting $107.21. The stock had a trading volume of 5,485,094 shares, compared to its average volume of 5,121,755. iShares JP Morgan USD Emerging Markets Bond ETF has a 52 week low of $102.15 and a 52 week high of $115.57.

Several institutional investors and hedge funds have recently added to or reduced their stakes in EMB. JPMorgan Chase & Co. raised its holdings in shares of iShares JP Morgan USD Emerging Markets Bond ETF by 109.2% during the third quarter. JPMorgan Chase & Co. now owns 9,956,528 shares of the exchange traded fund’s stock valued at $1,073,413,000 after purchasing an additional 5,196,952 shares during the last quarter. LFA Lugano Financial Advisors SA purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the 2nd quarter valued at about $1,782,000. AMP Capital Investors Ltd purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at about $44,053,000. NorthCoast Asset Management LLC purchased a new position in iShares JP Morgan USD Emerging Markets Bond ETF during the 3rd quarter valued at about $36,286,000. Finally, WEALTHFRONT Corp increased its position in iShares JP Morgan USD Emerging Markets Bond ETF by 10.2% during the 3rd quarter. WEALTHFRONT Corp now owns 1,591,764 shares of the exchange traded fund’s stock valued at $171,608,000 after purchasing an additional 147,394 shares during the period.

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About iShares JP 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.

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