BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Short Interest Update

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 23,810 shares, a growth of 789.8% from the July 30th total of 2,676 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 262,849 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC bought a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the 4th quarter valued at approximately $33,000. CWM LLC raised its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 245.8% in the 4th quarter. CWM LLC now owns 830 shares of the company’s stock worth $37,000 after purchasing an additional 590 shares during the period. Parallel Advisors LLC bought a new stake in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the 1st quarter worth approximately $88,000. MML Investors Services LLC purchased a new position in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the fourth quarter valued at approximately $250,000. Finally, Ameritas Advisory Services LLC purchased a new position in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the fourth quarter valued at approximately $263,000.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Price Performance

Shares of BATS:XEMD traded up $0.23 during midday trading on Tuesday, reaching $44.60. The company had a trading volume of 52,618 shares, compared to its average volume of 169,910. The company’s 50 day moving average price is $44.64 and its 200 day moving average price is $44.67. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a 52-week low of $43.25 and a 52-week high of $45.41.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Company Profile

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. XEMD was launched on Jun 29, 2022 and is managed by BondBloxx.