iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Short Interest Up 73.7% in July

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 93,919 shares, an increase of 73.7% from the July 15th total of 54,079 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily volume of 72,525 shares, the days-to-cover ratio is presently 1.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Strategic Investment Advisors MI purchased a new position in iShares J.P. Morgan EM High Yield Bond ETF in the 1st quarter valued at approximately $134,000. Arkadios Wealth Advisors boosted its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 10.9% in the fourth quarter. Arkadios Wealth Advisors now owns 5,789 shares of the company’s stock worth $234,000 after acquiring an additional 567 shares during the period. Jones Financial Companies Lllp boosted its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% in the first quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock worth $236,000 after acquiring an additional 5,794 shares during the period. Ruggiero Investments Inc. purchased a new position in shares of iShares J.P. Morgan EM High Yield Bond ETF in the fourth quarter valued at $628,000. Finally, Bank of New York Mellon Corp grew its position in shares of iShares J.P. Morgan EM High Yield Bond ETF by 92.7% in the first quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock valued at $753,000 after purchasing an additional 9,197 shares in the last quarter.

iShares J.P. Morgan EM High Yield Bond ETF Trading Down 0.2%

Shares of BATS:EMHY opened at $40.29 on Tuesday. The company has a 50-day moving average price of $40.42 and a two-hundred day moving average price of $40.32. iShares J.P. Morgan EM High Yield Bond ETF has a twelve month low of $38.90 and a twelve month high of $40.99.

About iShares J.P. Morgan EM High Yield Bond ETF

The iShares J.P. Morgan EM High Yield Bond ETF (EMHY) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks an index comprising USD denominated emerging markets high yield bonds. EMHY was launched on Apr 3, 2012 and is managed by BlackRock.