Short Interest in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Expands By 90.2%

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

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Down 0.2%

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF stock opened at $39.65 on Tuesday. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 12-month low of $38.79 and a 12-month high of $40.90. The firm’s 50-day moving average price is $39.91 and its two-hundred day moving average price is $39.98.

Institutional Trading of JPMorgan USD Emerging Markets Sovereign Bond ETF

Large investors have recently made changes to their positions in the company. Osaic Holdings Inc. raised its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% during the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock valued at $191,000 after purchasing an additional 368 shares in the last quarter. GAMMA Investing LLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% in the 2nd quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock valued at $40,000 after purchasing an additional 570 shares in the last quarter. Royal Bank of Canada increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% in 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 last quarter. Forthright Family Wealth Advisory LLC increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% in 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 last quarter. Finally, ARQ Wealth Advisors LLC raised its holdings 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 worth $3,167,000 after buying an additional 2,218 shares in the last quarter.

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.