Short Interest in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Grows By 115.1%

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) saw a significant growth in short interest in the month of April. As of April 30th, there was short interest totaling 118,163 shares, a growth of 115.1% from the April 15th total of 54,923 shares. Based on an average trading volume of 44,372 shares, the days-to-cover ratio is currently 2.7 days. Currently, 1.4% of the company’s shares are sold short.

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 169.5% in the second quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock worth $46,000 after acquiring an additional 634 shares during the period. J.Safra Asset Management Corp lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 115.0% in the third quarter. J.Safra Asset Management Corp now owns 2,778 shares of the company’s stock worth $128,000 after acquiring an additional 1,486 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 13.5% in the third quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,590 shares of the company’s stock worth $536,000 after acquiring an additional 1,375 shares during the period. Stronghold Wealth Management L.L.C. purchased a new stake in iShares J.P. Morgan EM Corporate Bond ETF in the fourth quarter worth $589,000. Finally, Bank of New York Mellon Corp lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 128.2% in the first quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock worth $597,000 after acquiring an additional 7,410 shares during the period.

iShares J.P. Morgan EM Corporate Bond ETF Stock Down 0.3%

Shares of CEMB stock opened at $45.50 on Friday. The stock has a fifty day moving average of $45.55 and a 200 day moving average of $45.86. iShares J.P. Morgan EM Corporate Bond ETF has a 52 week low of $44.50 and a 52 week high of $46.50.

About iShares J.P. Morgan EM Corporate Bond ETF

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.