Short Interest in iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Decreases By 81.5%

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 16,617 shares, a decrease of 81.5% from the May 31st total of 89,693 shares. Based on an average daily volume of 55,804 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

iShares J.P. Morgan EM Corporate Bond ETF Stock Performance

BATS:CEMB opened at $45.68 on Friday. iShares J.P. Morgan EM Corporate Bond ETF has a fifty-two week low of $44.92 and a fifty-two week high of $46.50. The firm has a 50-day simple moving average of $45.67 and a two-hundred day simple moving average of $45.77.

Institutional Investors Weigh In On iShares J.P. Morgan EM Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in CEMB. BNP Paribas Financial Markets increased its position in shares of iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the second quarter. BNP Paribas Financial Markets now owns 1,008 shares of the company’s stock valued at $46,000 after acquiring an additional 634 shares in the last quarter. J.Safra Asset Management Corp lifted its position in iShares J.P. Morgan EM Corporate Bond ETF by 10.0% in the 4th quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock valued at $140,000 after acquiring an additional 278 shares in the last quarter. Stronghold Wealth Management L.L.C. bought a new position in iShares J.P. Morgan EM Corporate Bond ETF in the 4th quarter valued at approximately $589,000. Bank of New York Mellon Corp boosted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 128.2% during the 1st quarter. Bank of New York Mellon Corp now owns 13,192 shares of the company’s stock valued at $597,000 after purchasing an additional 7,410 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. boosted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 27.2% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 14,743 shares of the company’s stock valued at $676,000 after purchasing an additional 3,153 shares during the last quarter.

About iShares J.P. Morgan EM Corporate Bond ETF

The iShares J.P. Morgan EM Corporate Bond ETF (CEMB) is an exchange-traded fund that is based on the JP Morgan CEMBI Broad Diversified index. The fund tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets. CEMB was launched on Apr 17, 2012 and is managed by BlackRock.