JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Up 156.7% in May

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 4,512 shares, a growth of 156.7% from the April 30th total of 1,758 shares. Based on an average trading volume of 9,416 shares, the short-interest ratio is currently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% during the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after acquiring an additional 368 shares during the period. Royal Bank of Canada grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% during the first quarter. Royal Bank of Canada now owns 201,025 shares of the company’s stock worth $7,750,000 after acquiring an additional 1,421 shares during the period. Forthright Family Wealth Advisory LLC grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the fourth quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock worth $1,167,000 after acquiring an additional 1,973 shares during the period. ARQ Wealth Advisors LLC grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.9% during the fourth quarter. ARQ Wealth Advisors LLC now owns 78,456 shares of the company’s stock worth $3,167,000 after acquiring an additional 2,218 shares during the period. Finally, Equitable Holdings Inc. grew its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 4.4% during the third quarter. Equitable Holdings Inc. now owns 55,877 shares of the company’s stock worth $2,255,000 after acquiring an additional 2,371 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.3%

JPMB stock traded up $0.11 on Friday, reaching $40.26. 3,947 shares of the company’s stock were exchanged, compared to its average volume of 12,288. The stock has a fifty day moving average of $39.76 and a 200-day moving average of $40.18. JPMorgan USD Emerging Markets Sovereign Bond ETF has a twelve month low of $37.84 and a twelve month high of $40.90.

JPMorgan USD Emerging Markets Sovereign Bond ETF Company Profile

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.