Short Interest in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Grows By 115.1%

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) was the target of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 118,163 shares, an increase of 115.1% from the April 15th total of 54,923 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 44,372 shares, the days-to-cover ratio is presently 2.7 days.

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

Hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets boosted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock valued at $46,000 after buying an additional 634 shares in the last quarter. J.Safra Asset Management Corp boosted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 115.0% during the 3rd quarter. J.Safra Asset Management Corp now owns 2,778 shares of the company’s stock valued at $128,000 after buying an additional 1,486 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 13.5% during the 3rd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 11,590 shares of the company’s stock valued at $536,000 after buying an additional 1,375 shares in the last quarter. Stronghold Wealth Management L.L.C. bought a new stake in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 4th quarter valued at $589,000. Finally, Bank of New York Mellon Corp boosted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 128.2% during the 1st quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock valued at $597,000 after buying an additional 7,410 shares in the last quarter.

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

Shares of iShares J.P. Morgan EM Corporate Bond ETF stock opened at $45.50 on Friday. The company’s fifty day simple moving average is $45.55 and its two-hundred day simple moving average is $45.86. iShares J.P. Morgan EM Corporate Bond ETF has a 12-month low of $44.50 and a 12-month high of $46.50.

About iShares J.P. Morgan EM Corporate Bond ETF

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.