Short Interest in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Drops By 97.6%

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the target of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 988 shares, a decline of 97.6% from the April 15th total of 40,426 shares. Based on an average trading volume of 299,966 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of XEMD. Adventist Health System Sunbelt Healthcare Corp boosted its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 101.9% during the fourth quarter. Adventist Health System Sunbelt Healthcare Corp now owns 7,913,789 shares of the company’s stock valued at $352,797,000 after buying an additional 3,993,589 shares during the period. Municipal Employees Retirement System of Michigan raised its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 0.4% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 4,714,975 shares of the company’s stock valued at $210,194,000 after acquiring an additional 16,929 shares in the last quarter. Potomac Fund Management Inc. ADV purchased a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the fourth quarter worth about $25,175,000. Assetmark Inc. bought a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the fourth quarter worth approximately $19,550,000. Finally, Sound Income Strategies LLC raised its stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 4.3% in the first quarter. Sound Income Strategies LLC now owns 330,080 shares of the company’s stock valued at $14,477,000 after purchasing an additional 13,467 shares in the last quarter.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Trading Up 0.1%

XEMD stock traded up $0.03 during midday trading on Monday, reaching $44.92. 859,277 shares of the company’s stock traded hands, compared to its average volume of 148,440. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a 52 week low of $42.21 and a 52 week high of $45.41. The company has a 50-day moving average price of $44.49 and a two-hundred day moving average price of $44.64.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Company Profile

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. XEMD was launched on Jun 29, 2022 and is managed by BondBloxx.