JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Update

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 28,682 shares, a growth of 90.2% from the July 15th total of 15,080 shares. Approximately 1.7% of the shares of the stock are sold short. Based on an average trading volume of 7,288 shares, the short-interest ratio is currently 3.9 days.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JPMB. GAMMA Investing LLC increased its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% in the second quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock valued at $40,000 after buying an additional 570 shares in the last quarter. Royal Bank of Canada grew its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% in the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock worth $100,000 after acquiring an additional 2,250 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% in the 2nd quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after acquiring an additional 368 shares during the last quarter. 5T Wealth LLC acquired a new stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the fourth quarter worth $287,000. Finally, Hsbc Holdings PLC raised its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% during the second quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock worth $536,000 after purchasing an additional 5,998 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Price Performance

NYSEARCA:JPMB traded down $0.09 during midday trading on Friday, hitting $39.74. 2,861 shares of the stock were exchanged, compared to its average volume of 12,095. JPMorgan USD Emerging Markets Sovereign Bond ETF has a one year low of $38.79 and a one year high of $40.90. The business has a 50-day moving average price of $39.92 and a two-hundred day moving average price of $39.99.

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.