Short Interest in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Decreases By 23.0%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 17,600,000 shares, a decline of 23.0% from the January 31st total of 22,850,000 shares. Based on an average daily volume of 5,611,200 shares, the days-to-cover ratio is currently 3.1 days.

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

Institutional investors have recently made changes to their positions in the stock. OLD Point Trust & Financial Services N A acquired a new stake in iShares J.P. Morgan USD Emerging Markets Bond ETF in the 4th quarter valued at approximately $28,000. Harbor Capital Advisors Inc. raised its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 43.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 385 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 117 shares during the period. Cullen Frost Bankers Inc. lifted its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 89.5% during the fourth quarter. Cullen Frost Bankers Inc. now owns 415 shares of the exchange traded fund’s stock worth $37,000 after purchasing an additional 196 shares in the last quarter. First Financial Corp IN purchased a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at approximately $40,000. Finally, MassMutual Private Wealth & Trust FSB grew its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 125.5% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 451 shares of the exchange traded fund’s stock valued at $40,000 after purchasing an additional 251 shares in the last quarter. 91.08% of the stock is currently owned by institutional investors and hedge funds.

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

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.60 during trading hours on Thursday, hitting $90.69. The company’s stock had a trading volume of 1,428,632 shares, compared to its average volume of 5,784,846. The firm has a fifty day moving average of $90.27 and a 200-day moving average of $91.26. iShares J.P. Morgan USD Emerging Markets Bond ETF has a twelve month low of $86.40 and a twelve month high of $93.97.

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

The business also recently announced a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Monday, March 3rd will be paid a dividend of $0.3856 per share. The ex-dividend date of this dividend is Monday, March 3rd.

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.