Short Interest in iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Rises By 14.6%

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 24,220,000 shares, a growth of 14.6% from the March 15th total of 21,140,000 shares. Based on an average daily volume of 6,543,400 shares, the days-to-cover ratio is currently 3.7 days.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Down 0.3 %

Shares of iShares J.P. Morgan USD Emerging Markets Bond ETF stock traded down $0.27 during midday trading on Tuesday, hitting $86.66. 9,436,084 shares of the company traded hands, compared to its average volume of 6,903,441. The firm’s fifty day moving average price is $88.43 and its 200-day moving average price is $86.41. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 12 month low of $79.70 and a 12 month high of $90.08.

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

The firm also recently announced a monthly dividend, which was paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.3656 per share. This represents a $4.39 dividend on an annualized basis and a yield of 5.06%. The ex-dividend date of this dividend was Monday, April 1st.

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

A number of institutional investors have recently added to or reduced their stakes in EMB. MAS Advisors LLC grew its holdings in iShares J.P. Morgan USD Emerging Markets Bond ETF by 0.7% during the 1st quarter. MAS Advisors LLC now owns 74,147 shares of the exchange traded fund’s stock worth $7,256,000 after acquiring an additional 534 shares during the last quarter. Covestor Ltd boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5,006.3% in the 1st quarter. Covestor Ltd now owns 817 shares of the exchange traded fund’s stock valued at $80,000 after purchasing an additional 801 shares during the last quarter. Worth Asset Management LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 1st quarter valued at $29,000. BTS Asset Management Inc. boosted its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 5.6% in the 1st quarter. BTS Asset Management Inc. now owns 20,352 shares of the exchange traded fund’s stock valued at $1,990,000 after purchasing an additional 1,088 shares during the last quarter. Finally, Easterly Investment Partners LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the 1st quarter valued at $411,000. 91.08% of the stock is owned by institutional investors.

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.