iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Stock Short Interest Drops 73.7%

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 42,408 shares, a decrease of 73.7% from the August 31st total of 161,318 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average trading volume of 93,955 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On iShares J.P. Morgan EM High Yield Bond ETF

Institutional investors have recently modified their holdings of the business. Ruggiero Investments Inc. purchased a new stake in iShares J.P. Morgan EM High Yield Bond ETF during the 4th quarter valued at $628,000. Bank of New York Mellon Corp boosted its stake in shares of iShares J.P. Morgan EM High Yield Bond ETF by 92.7% in the 1st quarter. Bank of New York Mellon Corp now owns 19,118 shares of the company’s stock worth $753,000 after buying an additional 9,197 shares during the last quarter. Strategic Investment Advisors MI bought a new stake in shares of iShares J.P. Morgan EM High Yield Bond ETF in the first quarter worth $134,000. Finally, Arkadios Wealth Advisors grew its holdings in shares of iShares J.P. Morgan EM High Yield Bond ETF by 6.2% in the first quarter. Arkadios Wealth Advisors now owns 6,147 shares of the company’s stock worth $242,000 after acquiring an additional 358 shares during the period.

iShares J.P. Morgan EM High Yield Bond ETF Stock Performance

Shares of EMHY opened at $39.26 on Monday. The business’s fifty day simple moving average is $40.08 and its two-hundred day simple moving average is $40.16. iShares J.P. Morgan EM High Yield Bond ETF has a 12 month low of $38.90 and a 12 month high of $40.99.

iShares J.P. Morgan EM High Yield Bond ETF Company Profile

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.