iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Sees Large Growth in Short Interest

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totaling 187,712 shares, an increase of 564.4% from the July 15th total of 28,252 shares. Based on an average daily volume of 63,837 shares, the days-to-cover ratio is presently 2.9 days. Currently, 2.3% of the company’s shares are sold short.

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

Institutional investors have recently made changes to their positions in the stock. J.Safra Asset Management Corp raised its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock worth $140,000 after buying an additional 278 shares during the period. BNP Paribas Financial Markets grew its position in iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the second quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock valued at $46,000 after acquiring an additional 634 shares during the period. Migdal Insurance & Financial Holdings Ltd. grew its position in iShares J.P. Morgan EM Corporate Bond ETF by 27.2% during the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock valued at $676,000 after acquiring an additional 3,153 shares during the period. Ameriprise Financial Inc. increased its stake in iShares J.P. Morgan EM Corporate Bond ETF by 30.2% during the third quarter. Ameriprise Financial Inc. now owns 25,550 shares of the company’s stock worth $1,181,000 after acquiring an additional 5,932 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in iShares J.P. Morgan EM Corporate Bond ETF by 128.2% during the first quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock worth $597,000 after acquiring an additional 7,410 shares during the last quarter.

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

Shares of CEMB stock opened at $45.22 on Thursday. iShares J.P. Morgan EM Corporate Bond ETF has a one year low of $44.92 and a one year high of $46.50. The company has a 50 day moving average price of $45.42 and a 200 day moving average price of $45.64.

iShares J.P. Morgan EM Corporate Bond ETF Company Profile

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.