iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) Sees Significant Drop in Short Interest

iShares J.P. Morgan EM High Yield Bond ETF (BATS:EMHY) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 54,079 shares, a decrease of 51.0% from the June 30th total of 110,357 shares. Based on an average daily trading volume, of 108,501 shares, the short-interest ratio is currently 0.5 days. Currently, 0.5% of the company’s stock are short sold.

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

Shares of EMHY stock opened at $40.23 on Tuesday. iShares J.P. Morgan EM High Yield Bond ETF has a 52 week low of $38.86 and a 52 week high of $40.99. The firm has a 50 day moving average of $40.44 and a two-hundred day moving average of $40.34.

Institutional Trading of iShares J.P. Morgan EM High Yield Bond ETF

Hedge funds have recently modified their holdings of the stock. Strategic Investment Advisors MI purchased a new position in iShares J.P. Morgan EM High Yield Bond ETF in the first quarter valued at $134,000. Arkadios Wealth Advisors grew its stake in iShares J.P. Morgan EM High Yield Bond ETF by 10.9% during the 4th quarter. Arkadios Wealth Advisors now owns 5,789 shares of the company’s stock worth $234,000 after purchasing an additional 567 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in iShares J.P. Morgan EM High Yield Bond ETF by 20,692.9% during the 1st quarter. Jones Financial Companies Lllp now owns 5,822 shares of the company’s stock worth $236,000 after purchasing an additional 5,794 shares during the period. Ruggiero Investments Inc. purchased a new stake in iShares J.P. Morgan EM High Yield Bond ETF during the 4th quarter worth about $628,000. Finally, Bank of New York Mellon Corp raised its position in 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 valued at $753,000 after purchasing an additional 9,197 shares in the last quarter.

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.