BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Stock Short Interest Jumps 943.4%

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the target of a large increase in short interest in September. As of September 30th, there was short interest totaling 140,306 shares, an increase of 943.4% from the September 15th total of 13,447 shares. Based on an average daily volume of 181,813 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.5% of the company’s stock are sold short.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Stock Up 0.2%

Shares of XEMD stock traded up $0.08 during trading hours on Friday, reaching $43.13. The stock had a trading volume of 113,382 shares, compared to its average volume of 174,371. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a twelve month low of $42.53 and a twelve month high of $45.41. The firm has a 50-day simple moving average of $44.01 and a 200-day simple moving average of $44.41.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Parallel Advisors LLC acquired a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the first quarter worth $88,000. Nwam LLC bought a new stake in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the second quarter valued at about $316,000. Kintra Wealth LLC lifted its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 7.1% during the second quarter. Kintra Wealth LLC now owns 10,351 shares of the company’s stock worth $462,000 after buying an additional 687 shares during the last quarter. M Holdings Securities Inc. acquired a new position in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the 2nd quarter valued at $606,000. Finally, Invested Advisors raised its position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 172.5% during the second quarter. Invested Advisors now owns 14,655 shares of the company’s stock valued at $658,000 after buying an additional 9,278 shares during the last quarter.

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

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.