iShares JP Morgan USD Emerging Markets Bond ETF (EMB) Short Interest Up 13.4% in October

iShares JP Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 19,052,067 shares, an increase of 13.4% from the October 15th total of 16,803,341 shares. Based on an average trading volume of 3,198,009 shares, the days-to-cover ratio is presently 6.0 days.

A number of large investors have recently added to or reduced their stakes in EMB. Mascoma Wealth Management LLC purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the third quarter worth about $102,000. Lenox Wealth Management Inc. purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the third quarter worth about $159,000. Legacy Financial Advisors Inc. purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the second quarter worth about $160,000. D.B. Root & Company LLC purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the third quarter worth about $201,000. Finally, Proficio Capital Partners LLC purchased a new stake in iShares JP Morgan USD Emerging Markets Bond ETF in the second quarter worth about $204,000.

NASDAQ:EMB opened at $104.61 on Friday. iShares JP Morgan USD Emerging Markets Bond ETF has a 1-year low of $104.30 and a 1-year high of $116.86.

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, November 7th. Investors of record on Friday, November 2nd were paid a $0.461 dividend. The ex-dividend date was Thursday, November 1st. This is a positive change from iShares JP Morgan USD Emerging Markets Bond ETF’s previous monthly dividend of $0.45. This represents a $5.53 dividend on an annualized basis and a yield of 5.29%.

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About iShares JP Morgan USD Emerging Markets Bond ETF

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.

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