JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Shares Shorted: Short Interest Down 99.8% in October

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 114 shares, a decrease of 99.8% from the September 30th total of 67,574 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 29,188 shares, the short-interest ratio is presently 0.0 days.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC lifted its stake 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 purchasing an additional 570 shares during the period. Mather Group LLC. bought a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 3rd quarter valued at about $27,000. Royal Bank of Canada grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the first 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 period. Integrated Wealth Concepts LLC grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% during the second quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock worth $367,000 after purchasing an additional 2,531 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 42.1% during the third quarter. Farther Finance Advisors LLC now owns 15,186 shares of the company’s stock worth $578,000 after purchasing an additional 4,498 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

JPMorgan USD Emerging Markets Sovereign Bond ETF stock traded down $0.08 during mid-day trading on Monday, reaching $38.30. The company had a trading volume of 5,607 shares, compared to its average volume of 15,294. The business has a fifty day simple moving average of $38.83 and a 200 day simple moving average of $39.72. JPMorgan USD Emerging Markets Sovereign Bond ETF has a fifty-two week low of $37.53 and a fifty-two week high of $40.90.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.