iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB – Get Free Report) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 288,856 shares, a decline of 32.3% from the December 15th total of 426,513 shares. Based on an average daily trading volume, of 215,069 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.9% of the company’s shares are short sold. Currently, 1.9% of the company’s shares are short sold. Based on an average daily trading volume, of 215,069 shares, the days-to-cover ratio is currently 1.3 days.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the company. Foster & Motley Inc. lifted its position in iShares J.P. Morgan EM Local Currency Bond ETF by 12.0% during the fourth quarter. Foster & Motley Inc. now owns 222,468 shares of the company’s stock valued at $9,248,000 after purchasing an additional 23,763 shares during the period. Lam Group Inc. raised its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 19.7% in the third quarter. Lam Group Inc. now owns 101,715 shares of the company’s stock valued at $4,192,000 after buying an additional 16,720 shares during the last quarter. Blue Edge Capital LLC raised its position in iShares J.P. Morgan EM Local Currency Bond ETF by 2.4% in the second quarter. Blue Edge Capital LLC now owns 73,929 shares of the company’s stock worth $2,986,000 after acquiring an additional 1,730 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 8.3% during the 3rd quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 66,472 shares of the company’s stock worth $2,737,000 after buying an additional 5,072 shares during the last quarter. Finally, Flow Traders U.S. LLC boosted its holdings in shares of iShares J.P. Morgan EM Local Currency Bond ETF by 16.9% during the third quarter. Flow Traders U.S. LLC now owns 58,956 shares of the company’s stock worth $2,430,000 after purchasing an additional 8,534 shares during the last quarter.
iShares J.P. Morgan EM Local Currency Bond ETF Price Performance
Shares of NYSEARCA LEMB traded down $0.03 on Friday, reaching $41.77. 976,227 shares of the company’s stock traded hands, compared to its average volume of 314,693. iShares J.P. Morgan EM Local Currency Bond ETF has a 12 month low of $36.01 and a 12 month high of $42.30. The business’s 50 day simple moving average is $41.79 and its two-hundred day simple moving average is $41.19.
About iShares J.P. Morgan EM Local Currency Bond ETF
The iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value weighted index of sovereign debt denominated in issuers’ local currencies, with limits on country exposure. LEMB was launched on Oct 18, 2011 and is managed by BlackRock.
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