iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) Short Interest Update

iShares J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:LEMB) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 173,909 shares, an increase of 86.5% from the July 30th total of 93,251 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average daily trading volume, of 77,145 shares, the days-to-cover ratio is currently 2.3 days.

Institutional Trading of iShares J.P. Morgan EM Local Currency Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC bought a new position in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the 4th quarter worth about $116,000. Arkadios Wealth Advisors acquired a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the 1st quarter worth about $270,000. EverSource Wealth Advisors LLC grew its position in iShares J.P. Morgan EM Local Currency Bond ETF by 172.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 7,629 shares of the company’s stock worth $317,000 after purchasing an additional 4,825 shares during the last quarter. Fisher Asset Management LLC grew its position in iShares J.P. Morgan EM Local Currency Bond ETF by 3.9% in the 4th quarter. Fisher Asset Management LLC now owns 10,254 shares of the company’s stock worth $426,000 after purchasing an additional 382 shares during the last quarter. Finally, Keystone Global Partners LLC acquired a new stake in shares of iShares J.P. Morgan EM Local Currency Bond ETF in the first quarter valued at approximately $957,000.

iShares J.P. Morgan EM Local Currency Bond ETF Trading Up 0.1%

NYSEARCA LEMB traded up $0.04 on Monday, hitting $43.08. 1,575,284 shares of the stock traded hands, compared to its average volume of 229,256. The stock has a 50-day moving average of $42.67 and a 200 day moving average of $42.17. iShares J.P. Morgan EM Local Currency Bond ETF has a twelve month low of $40.35 and a twelve month high of $43.46.

iShares J.P. Morgan EM Local Currency Bond ETF Company Profile

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.