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

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

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

Shares of NASDAQ:EMB opened at $91.45 on Tuesday. 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 business has a 50 day moving average of $90.21 and a 200-day moving average of $91.26.

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

The business also recently declared a dividend, which will be paid on Thursday, March 6th. Investors of record on Monday, March 3rd will be paid a $0.3856 dividend. The ex-dividend date is Monday, March 3rd.

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

Several institutional investors have recently made changes to their positions in the stock. BNP Paribas Financial Markets boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 77.2% in the third quarter. BNP Paribas Financial Markets now owns 2,385,974 shares of the exchange traded fund’s stock valued at $223,279,000 after buying an additional 1,039,195 shares during the period. Bank of New York Mellon Corp boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.5% in the fourth quarter. Bank of New York Mellon Corp now owns 1,099,556 shares of the exchange traded fund’s stock valued at $97,904,000 after buying an additional 5,825 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the third quarter valued at approximately $54,052,000. OLD Mission Capital LLC boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 121.1% in the fourth quarter. OLD Mission Capital LLC now owns 514,298 shares of the exchange traded fund’s stock valued at $45,793,000 after buying an additional 281,733 shares during the period. Finally, Banco Bilbao Vizcaya Argentaria S.A. bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $23,971,000. 91.08% of the stock is currently owned by institutional investors.

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.