JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Update

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 50,772 shares, a growth of 64.4% from the August 15th total of 30,890 shares. Currently, 3.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 45,519 shares, the short-interest ratio is presently 1.1 days.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF stock opened at $38.91 on Thursday. The stock’s 50 day simple moving average is $39.59 and its 200-day simple moving average is $39.80. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 1-year low of $38.79 and a 1-year high of $40.90.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% during the second quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock worth $40,000 after acquiring an additional 570 shares during the last quarter. Royal Bank of Canada boosted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock worth $100,000 after purchasing an additional 2,250 shares during the period. Integrated Wealth Concepts LLC boosted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% during the second quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock worth $367,000 after buying an additional 2,531 shares during the period. Hsbc Holdings PLC raised its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 22.0% in the 4th quarter. Hsbc Holdings PLC now owns 27,625 shares of the company’s stock valued at $1,115,000 after buying an additional 4,975 shares during the period. Finally, Forthright Family Wealth Advisory LLC boosted its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the 4th quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock valued at $1,167,000 after acquiring an additional 1,973 shares during the period.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.