VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) saw a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 1,084,350 shares, a decrease of 57.8% from the October 31st total of 2,567,215 shares. Based on an average trading volume of 2,537,032 shares, the days-to-cover ratio is currently 0.4 days.

Shares of NYSEARCA:EMLC opened at $32.72 on Thursday. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $31.48 and a 12 month high of $39.82.

The company also recently declared a monthly dividend, which will be paid on Friday, December 7th. Shareholders of record on Tuesday, December 4th will be paid a dividend of $0.1761 per share. The ex-dividend date of this dividend is Monday, December 3rd. This is a positive change from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF’s previous monthly dividend of $0.08. This represents a $2.11 annualized dividend and a yield of 6.46%.

A number of large investors have recently made changes to their positions in the business. Gould Asset Management LLC CA grew its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 17.6% in the third quarter. Gould Asset Management LLC CA now owns 19,949 shares of the company’s stock valued at $328,000 after buying an additional 2,980 shares in the last quarter. Csenge Advisory Group acquired a new stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the third quarter valued at about $116,000. TRUE Private Wealth Advisors grew its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 31.2% in the third quarter. TRUE Private Wealth Advisors now owns 16,427 shares of the company’s stock valued at $270,000 after buying an additional 3,903 shares in the last quarter. First Allied Advisory Services Inc. grew its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 36.3% in the second quarter. First Allied Advisory Services Inc. now owns 16,571 shares of the company’s stock valued at $281,000 after buying an additional 4,411 shares in the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 10.3% in the third quarter. Commonwealth Equity Services LLC now owns 52,425 shares of the company’s stock valued at $862,000 after buying an additional 4,882 shares in the last quarter.

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VanEck Vectors J.P. Morgan EM Local Currency Bond ETF Company Profile

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.

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