iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Short Interest Down 72.7% in August

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) was the target of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 51,245 shares, a decrease of 72.7% from the July 30th total of 187,712 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 41,037 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of CEMB. Stronghold Wealth Management L.L.C. purchased a new stake in shares of iShares J.P. Morgan EM Corporate Bond ETF during the fourth quarter worth $589,000. Loomis Sayles & Co. L P lifted its holdings in iShares J.P. Morgan EM Corporate Bond ETF by 12.6% during the 4th quarter. Loomis Sayles & Co. L P now owns 280,952 shares of the company’s stock worth $12,887,000 after purchasing an additional 31,404 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 30.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 25,550 shares of the company’s stock worth $1,181,000 after purchasing an additional 5,932 shares during the period. Nilsine Partners LLC purchased a new position in iShares J.P. Morgan EM Corporate Bond ETF during the 2nd quarter valued at about $3,662,000. Finally, J.Safra Asset Management Corp increased its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock valued at $140,000 after buying an additional 278 shares during the period.

iShares J.P. Morgan EM Corporate Bond ETF Price Performance

BATS:CEMB traded up $0.02 on Thursday, reaching $45.41. 12,838 shares of the company’s stock were exchanged, compared to its average volume of 62,979. The stock has a fifty day simple moving average of $45.38 and a 200-day simple moving average of $45.58. iShares J.P. Morgan EM Corporate Bond ETF has a 52 week low of $44.92 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.