iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Short Interest Up 95.5% in May

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 97,248 shares, a growth of 95.5% from the May 14th total of 49,732 shares. Based on an average daily trading volume, of 91,496 shares, the short-interest ratio is presently 1.1 days. Currently, 0.9% of the shares of the company are sold short.

iShares J.P. Morgan EM High Yield Bond ETF Price Performance

Shares of BATS EMHY opened at $40.60 on Monday. The company’s fifty day moving average price is $40.27 and its 200 day moving average price is $40.30. iShares J.P. Morgan EM High Yield Bond ETF has a 1 year low of $38.23 and a 1 year high of $40.99.

Institutional Trading of iShares J.P. Morgan EM High Yield Bond ETF

A number of hedge funds have recently added to or reduced their stakes in EMHY. Ruggiero Investments Inc. purchased a new stake in iShares J.P. Morgan EM High Yield Bond ETF during the fourth quarter worth $628,000. Bank of New York Mellon Corp lifted its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 92.7% during the first quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock valued at $753,000 after purchasing an additional 9,197 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% during the first quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock valued at $236,000 after purchasing an additional 5,794 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 0.5% during the fourth quarter. Sound Income Strategies LLC now owns 1,007,306 shares of the company’s stock valued at $40,776,000 after purchasing an additional 4,697 shares in the last quarter. Finally, Strategic Investment Advisors MI purchased a new position in iShares J.P. Morgan EM High Yield Bond ETF during the first quarter valued at $134,000.

About iShares J.P. Morgan EM High Yield Bond ETF

The iShares J.P. Morgan EM High Yield Bond ETF (EMHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprising USD denominated emerging markets high yield bonds. EMHY was launched on Apr 3, 2012 and is managed by BlackRock.