Short Interest in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Rises By 5.5%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totalling 20,160,000 shares, an increase of 5.5% from the May 31st total of 19,110,000 shares. Based on an average trading volume of 5,657,500 shares, the short-interest ratio is presently 3.6 days.

iShares J.P. Morgan USD Emerging Markets Bond ETF Price Performance

EMB opened at $88.87 on Thursday. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 1 year low of $79.70 and a 1 year high of $90.08. The stock has a fifty day moving average price of $88.81 and a 200 day moving average price of $88.44.

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

The company also recently declared a monthly dividend, which will be paid on Friday, July 5th. Stockholders of record on Monday, July 1st will be issued a dividend of $0.3813 per share. The ex-dividend date is Monday, July 1st. This represents a $4.58 annualized dividend and a dividend yield of 5.15%.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Several large investors have recently made changes to their positions in the company. GAMMA Investing LLC raised its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 172.3% during the second quarter. GAMMA Investing LLC now owns 12,263 shares of the exchange traded fund’s stock valued at $1,085,000 after buying an additional 7,760 shares in the last quarter. Stairway Partners LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 2.6% in the 2nd quarter. Stairway Partners LLC now owns 245,406 shares of the exchange traded fund’s stock valued at $21,714,000 after acquiring an additional 6,310 shares in the last quarter. Global Financial Private Client LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% in the 1st quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock valued at $39,000 after acquiring an additional 116 shares in the last quarter. Fairview Capital Investment Management LLC lifted its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 6.2% in the 1st quarter. Fairview Capital Investment Management LLC now owns 63,645 shares of the exchange traded fund’s stock worth $5,707,000 after purchasing an additional 3,725 shares during the last quarter. Finally, OLD Mission Capital LLC boosted its position in iShares J.P. Morgan USD Emerging Markets Bond ETF by 192.1% during the first quarter. OLD Mission Capital LLC now owns 39,388 shares of the exchange traded fund’s stock worth $3,532,000 after purchasing an additional 25,905 shares during the period. Institutional investors own 91.08% of the company’s stock.

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.