iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Short Interest Up 5.5% in June

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totalling 20,160,000 shares, an increase of 5.5% from the May 31st total of 19,110,000 shares. Based on an average trading volume of 5,657,500 shares, the days-to-cover ratio is currently 3.6 days.

Hedge Funds Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

A number of large investors have recently bought and sold shares of the company. ICA Group Wealth Management LLC acquired a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF in the fourth quarter valued at about $26,000. First United Bank & Trust acquired a new position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the 4th quarter worth approximately $38,000. Global Financial Private Client LLC raised its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 36.3% during the 1st quarter. Global Financial Private Client LLC now owns 436 shares of the exchange traded fund’s stock worth $39,000 after purchasing an additional 116 shares in the last quarter. Salomon & Ludwin LLC boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 8,766.7% in the 1st quarter. Salomon & Ludwin LLC now owns 532 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 526 shares during the last quarter. Finally, Financial Management Professionals Inc. acquired a new position in iShares J.P. Morgan USD Emerging Markets Bond ETF during the first quarter worth $52,000. Institutional investors and hedge funds own 91.08% of the company’s stock.

iShares J.P. Morgan USD Emerging Markets Bond ETF Stock Up 0.8 %

EMB opened at $88.87 on Thursday. The company has a fifty day moving average price of $88.81 and a two-hundred day moving average price of $88.44. iShares J.P. Morgan USD Emerging Markets Bond ETF has a 52 week low of $79.70 and a 52 week high of $90.08.

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

The company also recently announced a monthly dividend, which will be paid on Friday, July 5th. Investors of record on Monday, July 1st will be given a $0.3813 dividend. This represents a $4.58 dividend on an annualized basis and a yield of 5.15%. The ex-dividend date is Monday, July 1st.

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.