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

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

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

iShares J.P. Morgan USD Emerging Markets Bond ETF stock opened at $91.45 on Tuesday. The firm has a 50-day moving average of $90.21 and a 200-day moving average of $91.26. iShares J.P. Morgan USD Emerging Markets Bond ETF has a one year low of $86.40 and a one year high of $93.97.

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

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Monday, March 3rd will be given a $0.3856 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Inflows and Outflows

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

iShares J.P. Morgan USD Emerging Markets Bond ETF Company Profile

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.