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 growth in short interest in June. As of June 15th, there was short interest totaling 31,617 shares, a growth of 1,153.6% from the May 31st total of 2,522 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average daily trading volume, of 8,449 shares, the short-interest ratio is presently 3.7 days.

Institutional Investors Weigh In On JPMorgan USD Emerging Markets Sovereign Bond ETF

A number of large investors have recently bought and sold shares of JPMB. Royal Bank of Canada increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 0.7% in the first 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 in the last quarter. Hsbc Holdings PLC boosted its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% during the 2nd quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock worth $536,000 after purchasing an additional 5,998 shares in the last quarter. Jane Street Group LLC bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 2nd quarter worth about $1,875,000. Bank of America Corp DE grew its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 350.9% in the 2nd quarter. Bank of America Corp DE now owns 69,174 shares of the company’s stock valued at $2,695,000 after buying an additional 53,833 shares during the period. Finally, Osaic Holdings Inc. grew its stake 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 valued at $191,000 after buying an additional 368 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of NYSEARCA:JPMB traded up $0.02 during mid-day trading on Thursday, hitting $40.30. The company had a trading volume of 5,471 shares, compared to its average volume of 11,561. The firm has a fifty day moving average price of $40.05 and a 200 day moving average price of $40.14. JPMorgan USD Emerging Markets Sovereign Bond ETF has a one year low of $38.53 and a one year high of $40.90.

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.