BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Short Interest Down 76.4% in May

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the recipient of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 14,044 shares, a drop of 76.4% from the May 14th total of 59,413 shares. Based on an average trading volume of 137,420 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

A number of hedge funds have recently made changes to their positions in the stock. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 20.5% in the 1st quarter. Adventist Health System Sunbelt Healthcare Corp now owns 9,538,400 shares of the company’s stock valued at $419,213,000 after purchasing an additional 1,624,611 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 0.4% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 4,714,975 shares of the company’s stock valued at $210,194,000 after purchasing an additional 16,929 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 379.4% in the 1st quarter. Bank of America Corp DE now owns 1,221,155 shares of the company’s stock valued at $53,670,000 after purchasing an additional 966,435 shares during the last quarter. Potomac Fund Management Inc. ADV acquired a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the 4th quarter valued at $25,175,000. Finally, Assetmark Inc. acquired a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the 4th quarter valued at $19,550,000.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Stock Performance

Shares of BATS XEMD opened at $44.70 on Wednesday. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a 1 year low of $42.57 and a 1 year high of $45.41. The firm’s 50 day moving average price is $44.63 and its 200 day moving average price is $44.69.

About BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (XEMD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. XEMD was launched on Jun 29, 2022 and is managed by BondBloxx.