VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Stock Short Interest Report for October

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) was the target of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 1,714,162 shares, a decline of 51.2% from the October 15th total of 3,510,941 shares. Approximately 0.9% of the company’s stock are sold short. Based on an average daily trading volume, of 2,360,127 shares, the days-to-cover ratio is presently 0.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EMLC. TIAA CREF Individual & Institutional Services LLC increased its stake in shares of VanEck J.P. Morgan EM Local Currency Bond ETF by 0.8% during the third quarter. TIAA CREF Individual & Institutional Services LLC now owns 2,080,541 shares of the company’s stock worth $51,660,000 after acquiring an additional 17,384 shares during the period. TIAA Trust National Association lifted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 10.8% in the third quarter. TIAA Trust National Association now owns 183,859 shares of the company’s stock valued at $4,565,000 after purchasing an additional 17,989 shares during the period. SBI Okasan Asset Management Co.Ltd. lifted its position in VanEck J.P. Morgan EM Local Currency Bond ETF by 17.9% in the third quarter. SBI Okasan Asset Management Co.Ltd. now owns 185,378 shares of the company’s stock valued at $4,590,000 after purchasing an additional 28,113 shares during the period. Shah Wealth Advisors LLC boosted its holdings in VanEck J.P. Morgan EM Local Currency Bond ETF by 6.1% in the 3rd quarter. Shah Wealth Advisors LLC now owns 690,633 shares of the company’s stock valued at $17,148,000 after purchasing an additional 39,881 shares in the last quarter. Finally, Family CFO Inc purchased a new stake in VanEck J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter valued at approximately $1,548,000.

VanEck J.P. Morgan EM Local Currency Bond ETF Stock Down 0.2%

Shares of VanEck J.P. Morgan EM Local Currency Bond ETF stock traded down $0.04 on Friday, hitting $24.37. The stock had a trading volume of 1,928,187 shares, compared to its average volume of 3,203,326. VanEck J.P. Morgan EM Local Currency Bond ETF has a 52-week low of $24.34 and a 52-week high of $26.63. The company’s 50 day moving average price is $24.88 and its 200 day moving average price is $25.45.

About VanEck J.P. Morgan EM Local Currency Bond ETF

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments. The Fund invests at least 80% of its total assets in securities that comprise the Index. The Fund may also utilize convertible securities and derivative instruments, such as swaps, options, warrants, futures contracts, currency forwards, structured notes and participation notes to seek performance that corresponds to the Index.