BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Short Interest Update

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 140,306 shares, a growth of 943.4% from the September 15th total of 13,447 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average trading volume of 181,813 shares, the days-to-cover ratio is presently 0.8 days.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Price Performance

XEMD traded up $0.08 during trading on Friday, reaching $43.13. 113,382 shares of the stock were exchanged, compared to its average volume of 174,371. The stock’s 50 day moving average price is $44.01 and its two-hundred day moving average price is $44.41. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a twelve month low of $42.53 and a twelve month high of $45.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC bought a new position in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the first quarter worth $88,000. Nwam LLC bought a new stake in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the second quarter valued at approximately $316,000. Kintra Wealth LLC increased its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 7.1% during the 2nd quarter. Kintra Wealth LLC now owns 10,351 shares of the company’s stock valued at $462,000 after purchasing an additional 687 shares in the last quarter. M Holdings Securities Inc. acquired a new stake in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the 2nd quarter worth about $606,000. Finally, Invested Advisors boosted its position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 172.5% during the second quarter. Invested Advisors now owns 14,655 shares of the company’s stock valued at $658,000 after buying an additional 9,278 shares during the last quarter.

About BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. XEMD was launched on Jun 29, 2022 and is managed by BondBloxx.