iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BATS:BEMB) Sees Large Growth in Short Interest

iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BATS:BEMB) was the target of a large growth in short interest in October. As of October 30th, there was short interest totaling 571 shares, a growth of 651.3% from the October 15th total of 76 shares. Based on an average daily trading volume, of 1,692 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

iShares J.P. Morgan Broad USD Emerging Markets Bond ETF Price Performance

Shares of iShares J.P. Morgan Broad USD Emerging Markets Bond ETF stock opened at $50.94 on Thursday. iShares J.P. Morgan Broad USD Emerging Markets Bond ETF has a 12-month low of $50.36 and a 12-month high of $54.79. The company’s 50-day moving average price is $51.32 and its 200-day moving average price is $52.79.

iShares J.P. Morgan Broad USD Emerging Markets Bond ETF Company Profile

The iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of US-dollar-denominated sovereign, quasi-sovereign, and corporate debt issued in emerging-market countries with at least 2.5 years remaining in maturity. Exposure is evenly distributed across constituent countries. BEMB was launched on Feb 22, 2023 and is managed by BlackRock.