JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Update

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw a large increase in short interest in May. As of May 15th, there was short interest totaling 4,512 shares, an increase of 156.7% from the April 30th total of 1,758 shares. Based on an average daily trading volume, of 9,416 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.3% of the shares of the stock are sold short.

Institutional Investors Weigh In On JPMorgan USD Emerging Markets Sovereign Bond ETF

Hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock worth $100,000 after purchasing an additional 2,250 shares in the last quarter. Osaic Holdings Inc. increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% during the 2nd quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after purchasing an additional 368 shares in the last quarter. 5T Wealth LLC acquired a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth about $287,000. Hsbc Holdings PLC increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% during the 2nd quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock worth $536,000 after purchasing an additional 5,998 shares in the last quarter. Finally, Forthright Family Wealth Advisory LLC increased its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the 4th quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock worth $1,167,000 after purchasing an additional 1,973 shares in the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Down 0.6%

Shares of JPMB traded down $0.26 during mid-day trading on Monday, reaching $40.00. The company had a trading volume of 946 shares, compared to its average volume of 12,175. JPMorgan USD Emerging Markets Sovereign Bond ETF has a twelve month low of $37.84 and a twelve month high of $40.90. The company’s 50-day moving average is $39.76 and its 200-day moving average is $40.18.

JPMorgan USD Emerging Markets Sovereign Bond ETF Company Profile

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.