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

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 21,180 shares, an increase of 98.2% from the January 29th total of 10,686 shares. Based on an average daily volume of 8,659 shares, the short-interest ratio is currently 2.4 days. Approximately 1.2% of the shares of the company are short sold. Approximately 1.2% of the shares of the company are short sold. Based on an average daily volume of 8,659 shares, the short-interest ratio is currently 2.4 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Royal Bank of Canada increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% during the first quarter. Royal Bank of Canada now owns 201,025 shares of the company’s stock valued at $7,750,000 after acquiring an additional 1,421 shares during the period. RiverFront Investment Group LLC boosted its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 14.9% in the fourth quarter. RiverFront Investment Group LLC now owns 128,484 shares of the company’s stock valued at $5,186,000 after buying an additional 16,642 shares in the last quarter. Bank of America Corp DE boosted its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 23.8% in the third quarter. Bank of America Corp DE now owns 85,656 shares of the company’s stock valued at $3,457,000 after buying an additional 16,482 shares in the last quarter. ARQ Wealth Advisors LLC increased its holdings in JPMorgan USD Emerging Markets Sovereign Bond ETF by 2.9% during the 4th quarter. ARQ Wealth Advisors LLC now owns 78,456 shares of the company’s stock valued at $3,167,000 after purchasing an additional 2,218 shares in the last quarter. Finally, LPL Financial LLC raised its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 80.6% in the 4th quarter. LPL Financial LLC now owns 68,645 shares of the company’s stock valued at $2,771,000 after purchasing an additional 30,626 shares during the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.1%

NYSEARCA:JPMB traded up $0.05 during trading hours on Friday, reaching $40.88. 11,356 shares of the company’s stock were exchanged, compared to its average volume of 12,553. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 12 month low of $36.45 and a 12 month high of $40.90. The business’s 50-day simple moving average is $40.51 and its two-hundred day simple moving average is $40.35.

JPMorgan USD Emerging Markets Sovereign Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.1821 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, February 2nd.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.