Short Interest in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Increases By 78.7%

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 34,941 shares, a growth of 78.7% from the November 30th total of 19,548 shares. Based on an average daily trading volume, of 4,161 shares, the short-interest ratio is presently 8.4 days. Approximately 2.7% of the company’s stock are short sold. Approximately 2.7% of the company’s stock are short sold. Based on an average daily trading volume, of 4,161 shares, the short-interest ratio is presently 8.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Mather Group LLC. purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter worth about $28,000. Osaic Holdings Inc. raised its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% in the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock valued at $191,000 after buying an additional 368 shares during the period. Hsbc Holdings PLC acquired a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF in the first quarter valued at about $299,000. Convergence Financial LLC raised its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 6.7% during the 2nd quarter. Convergence Financial LLC now owns 8,279 shares of the company’s stock valued at $323,000 after buying an additional 519 shares during the period. Finally, Pure Financial Advisors LLC lifted its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 15,337 shares of the company’s stock worth $598,000 after acquiring an additional 1,363 shares in the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.1%

JPMB traded up $0.04 on Monday, hitting $40.68. 4,323 shares of the company were exchanged, compared to its average volume of 61,572. JPMorgan USD Emerging Markets Sovereign Bond ETF has a fifty-two week low of $36.45 and a fifty-two week high of $40.90. The business’s fifty day moving average is $40.51 and its 200 day moving average is $39.84.

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.