JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Down 44.1% in May

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the recipient of a large decline in short interest during 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. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 6,440 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada increased its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% during the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock worth $100,000 after purchasing an additional 2,250 shares during the period. Osaic Holdings Inc. increased its holdings 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 worth $191,000 after purchasing an additional 368 shares during the period. 5T Wealth LLC bought a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF during the 4th quarter worth about $287,000. Hsbc Holdings PLC increased its holdings 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 during the period. Finally, Forthright Family Wealth Advisory LLC increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% in the fourth quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock valued at $1,167,000 after acquiring an additional 1,973 shares during the period.

JPMorgan USD Emerging Markets Sovereign Bond ETF Price Performance

JPMorgan USD Emerging Markets Sovereign Bond ETF stock remained flat at $40.37 on Tuesday. 5,065 shares of the company’s stock were exchanged, compared to its average volume of 11,849. The company’s fifty day moving average is $39.96 and its two-hundred day moving average is $40.15. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 52-week low of $38.32 and a 52-week 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.