Short Interest in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) Decreases By 44.1%

JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) was the target of a large decrease in short interest in May. As of May 29th, there was short interest totaling 2,522 shares, a decrease of 44.1% from the May 14th total of 4,512 shares. Based on an average daily trading volume, of 6,440 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the company’s stock are sold short.

JPMorgan USD Emerging Markets Sovereign Bond ETF Trading Up 0.0%

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF stock traded up $0.02 during trading hours on Friday, hitting $40.17. The company had a trading volume of 2,313 shares, compared to its average volume of 11,981. The company’s 50-day moving average is $39.94 and its two-hundred day moving average is $40.16. JPMorgan USD Emerging Markets Sovereign Bond ETF has a twelve month low of $38.19 and a twelve month high of $40.90.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.6% in the 1st quarter. Bank of America Corp DE now owns 204,841 shares of the company’s stock valued at $8,041,000 after buying an additional 14,448 shares in the last quarter. Royal Bank of Canada boosted its holdings in shares of 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. ARQ Wealth Advisors LLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 9.4% in the 1st quarter. ARQ Wealth Advisors LLC now owns 85,807 shares of the company’s stock valued at $3,368,000 after buying an additional 7,351 shares in the last quarter. Hsbc Holdings PLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 34.9% in the 1st quarter. Hsbc Holdings PLC now owns 37,255 shares of the company’s stock valued at $1,462,000 after buying an additional 9,630 shares in the last quarter. Finally, Forthright Family Wealth Advisory LLC boosted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 7.3% in the 4th quarter. Forthright Family Wealth Advisory LLC now owns 28,906 shares of the company’s stock valued at $1,167,000 after buying an additional 1,973 shares in the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Company Profile

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.