iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Short Interest Down 27.1% in January

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) was the recipient of a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 806,602 shares, a drop of 27.1% from the January 15th total of 1,106,231 shares. Based on an average trading volume of 376,346 shares, the short-interest ratio is presently 2.1 days. Approximately 4.3% of the company’s shares are sold short. Approximately 4.3% of the company’s shares are sold short. Based on an average trading volume of 376,346 shares, the short-interest ratio is presently 2.1 days.

Institutional Investors Weigh In On iShares J.P. Morgan EM Local Currency Bond ETF

A number of large investors have recently bought and sold shares of the stock. Oak Family Advisors LLC bought a new position in iShares J.P. Morgan EM Local Currency Bond ETF in the 3rd quarter valued at about $997,000. Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in iShares J.P. Morgan EM Local Currency Bond ETF by 6.3% during the 2nd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 61,400 shares of the company’s stock worth $2,478,000 after purchasing an additional 3,619 shares in the last quarter. Foster & Motley Inc. raised its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 47.9% in the third quarter. Foster & Motley Inc. now owns 198,705 shares of the company’s stock worth $8,189,000 after purchasing an additional 64,329 shares during the last quarter. Lam Group Inc. lifted its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 19.7% in the third quarter. Lam Group Inc. now owns 101,715 shares of the company’s stock valued at $4,192,000 after purchasing an additional 16,720 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF during the second quarter valued at approximately $2,037,000.

iShares J.P. Morgan EM Local Currency Bond ETF Stock Up 0.1%

NYSEARCA LEMB opened at $42.83 on Friday. iShares J.P. Morgan EM Local Currency Bond ETF has a one year low of $36.35 and a one year high of $42.87. The business has a 50 day simple moving average of $42.04 and a 200 day simple moving average of $41.47.

About iShares J.P. Morgan EM Local Currency Bond ETF

The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.