Short Interest in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Rises By 14.6%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 24,220,000 shares, a growth of 14.6% from the March 15th total of 21,140,000 shares. Based on an average daily volume of 6,543,400 shares, the short-interest ratio is currently 3.7 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of EMB. ICA Group Wealth Management LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at about $26,000. Eagle Bay Advisors LLC raised its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1,240.0% during the second quarter. Eagle Bay Advisors LLC now owns 335 shares of the exchange traded fund’s stock valued at $29,000 after buying an additional 310 shares during the last quarter. Worth Asset Management LLC acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the first quarter valued at about $29,000. First United Bank & Trust acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the fourth quarter valued at about $38,000. Finally, Farmers & Merchants Investments Inc. acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at about $42,000. Institutional investors and hedge funds own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.3 %

NASDAQ:EMB traded down $0.27 during trading hours on Tuesday, reaching $86.66. The company’s stock had a trading volume of 9,436,084 shares, compared to its average volume of 6,903,441. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $79.70 and a one year high of $90.08. The business’s 50-day moving average is $88.43 and its 200-day moving average is $86.41.

iShares J.P. Morgan USD Emerging Markets Bond ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were given a dividend of $0.3656 per share. This represents a $4.39 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date was Monday, April 1st.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.