JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Short Interest Update

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 50,772 shares, an increase of 64.4% from the August 15th total of 30,890 shares. Currently, 3.0% of the shares of the stock are sold short. Based on an average trading volume of 45,519 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Integrated Wealth Concepts LLC grew its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 38.6% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 9,093 shares of the company’s stock valued at $367,000 after acquiring an additional 2,531 shares during the period. GAMMA Investing LLC increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 138.0% during the second quarter. GAMMA Investing LLC now owns 983 shares of the company’s stock worth $40,000 after purchasing an additional 570 shares in the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% during the 1st quarter. Bank of America Corp DE now owns 204,841 shares of the company’s stock worth $8,041,000 after purchasing an additional 14,448 shares during the last quarter. Royal Bank of Canada lifted its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 750.0% in the 1st quarter. Royal Bank of Canada now owns 2,550 shares of the company’s stock valued at $100,000 after buying an additional 2,250 shares in the last quarter. Finally, ARQ Wealth Advisors LLC increased its stake in JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.4% during the 1st quarter. ARQ Wealth Advisors LLC now owns 85,807 shares of the company’s stock worth $3,368,000 after buying an additional 7,351 shares in the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

NYSEARCA:JPMB opened at $38.91 on Thursday. JPMorgan USD Emerging Markets Sovereign Bond ETF has a 52 week low of $38.79 and a 52 week high of $40.90. The stock’s 50-day moving average price is $39.59 and its 200-day moving average price is $39.80.

About JPMorgan USD Emerging Markets Sovereign Bond ETF

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.