Short Interest in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Decreases By 68.0%

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a significant decline in short interest in July. As of July 15th, there was short interest totaling 15,080 shares, a decline of 68.0% from the June 30th total of 47,107 shares. Based on an average daily volume of 13,504 shares, the short-interest ratio is presently 1.1 days. Approximately 0.9% of the shares of the company are sold short.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Up 0.2%

Shares of NYSEARCA JPMB traded up $0.09 during trading hours on Tuesday, reaching $39.71. The stock had a trading volume of 3,035 shares, compared to its average volume of 11,338. JPMorgan USD Emerging Markets Sovereign Bond ETF has a fifty-two week low of $38.79 and a fifty-two week high of $40.90. The firm has a 50-day moving average of $39.99 and a 200-day moving average of $40.05.

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

Large investors have recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% in the 2nd quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock valued at $40,000 after acquiring an additional 570 shares during the period. Royal Bank of Canada grew its position in 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 during the last quarter. Osaic Holdings Inc. grew its position in 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 during the last quarter. 5T Wealth LLC acquired a new position in JPMorgan USD Emerging Markets Sovereign Bond ETF in the fourth quarter valued at $287,000. Finally, Hsbc Holdings PLC increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% in the second quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock valued at $536,000 after purchasing an additional 5,998 shares during the period.

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.