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

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,522 shares, a decline of 44.1% from the May 14th total of 4,512 shares. Based on an average daily volume of 6,440 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are short sold.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of NYSEARCA:JPMB remained flat at $40.37 during midday trading on Tuesday. The company had a trading volume of 5,065 shares, compared to its average volume of 11,849. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 12 month low of $38.32 and a 12 month high of $40.90. The business’s 50 day moving average price is $39.98 and its two-hundred day moving average price is $40.15.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Osaic Holdings Inc. raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% during the 2nd quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock valued at $191,000 after purchasing an additional 368 shares during the period. Royal Bank of Canada raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% during the 1st quarter. Royal Bank of Canada now owns 201,025 shares of the company’s stock valued at $7,750,000 after purchasing an additional 1,421 shares during the period. Forthright Family Wealth Advisory LLC raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% during the 4th quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock valued at $1,167,000 after purchasing an additional 1,973 shares during the period. ARQ Wealth Advisors LLC raised its stake in shares of 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 during the period. Finally, Equitable Holdings Inc. raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 4.4% during the 3rd quarter. Equitable Holdings Inc. now owns 55,877 shares of the company’s stock valued at $2,255,000 after purchasing an additional 2,371 shares during the period.

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.