iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Short Interest Down 10.6% in December

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totalling 17,080,000 shares, a drop of 10.6% from the November 30th total of 19,110,000 shares. Based on an average daily volume of 5,686,200 shares, the days-to-cover ratio is currently 3.0 days.

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

Institutional investors and hedge funds have recently bought and sold shares of the company. Harbor Capital Advisors Inc. lifted its stake in iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% during the third 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 during the last quarter. Whittier Trust Co. of Nevada Inc. lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 226.0% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 401 shares of the exchange traded fund’s stock worth $38,000 after buying an additional 278 shares during the last quarter. Zions Bancorporation N.A. acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the second quarter valued at about $47,000. Transcendent Capital Group LLC grew its position in 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 valued at $90,000 after acquiring an additional 387 shares during the last quarter. Finally, United Advisor Group LLC acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter worth about $218,000. Institutional investors own 91.08% of the company’s stock.

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

iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.17 during mid-day trading on Wednesday, reaching $89.04. 4,415,167 shares of the company were exchanged, compared to its average volume of 5,922,594. The company has a fifty day simple moving average of $90.89 and a 200-day simple moving average of $91.04. 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.

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

The business also recently declared a dividend, which will be paid on Friday, January 3rd. Investors of record on Monday, December 30th will be given a $0.2545 dividend. The ex-dividend date is Monday, December 30th.

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.