BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Sees Large Decline in Short Interest

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 40,869 shares, a decrease of 70.9% from the September 30th total of 140,306 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 165,979 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Adventist Health System Sunbelt Healthcare Corp increased its holdings in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 20.5% during the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 9,538,400 shares of the company’s stock worth $419,213,000 after acquiring an additional 1,624,611 shares during the period. Bank of America Corp DE lifted its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 379.4% in the 1st quarter. Bank of America Corp DE now owns 1,221,155 shares of the company’s stock worth $53,670,000 after purchasing an additional 966,435 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 33.5% in the 2nd quarter. Envestnet Asset Management Inc. now owns 734,688 shares of the company’s stock worth $33,002,000 after purchasing an additional 184,167 shares in the last quarter. DORVAL Corp lifted its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 3.2% in the 2nd quarter. DORVAL Corp now owns 326,139 shares of the company’s stock worth $14,650,000 after purchasing an additional 10,207 shares in the last quarter. Finally, Sound Income Strategies LLC grew its position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 4.3% during the 1st quarter. Sound Income Strategies LLC now owns 330,080 shares of the company’s stock valued at $14,477,000 after purchasing an additional 13,467 shares in the last quarter.

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

Shares of XEMD opened at $43.15 on Thursday. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a 52-week low of $42.53 and a 52-week high of $45.41. The stock’s 50-day simple moving average is $43.63 and its 200 day simple moving average is $44.43.

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.