Short Interest in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) Expands By 5,913.5%

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF (BATS:XEMD) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 59,413 shares, a growth of 5,913.5% from the April 30th total of 988 shares. Currently, 0.6% of the company’s shares are sold short. Based on an average daily volume of 112,099 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Investors Weigh In On BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC grew its holdings in BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 26.6% in the first quarter. Jane Street Group LLC now owns 49,141 shares of the company’s stock valued at $2,072,000 after purchasing an additional 10,337 shares during the period. Orion Porfolio Solutions LLC raised its holdings in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF by 288.9% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 171,913 shares of the company’s stock worth $7,430,000 after purchasing an additional 127,710 shares during the period. Osaic Holdings Inc. purchased a new position in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF in the 2nd quarter worth about $320,000. Truist Financial Corp purchased a new stake in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the 3rd quarter worth about $1,093,000. Finally, Foundations Investment Advisors LLC purchased a new stake in shares of BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF during the 3rd quarter worth about $395,000.

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF Stock Up 0.3%

BATS:XEMD traded up $0.12 during mid-day trading on Wednesday, reaching $44.88. The company’s stock had a trading volume of 23,299 shares, compared to its average volume of 145,024. The company’s fifty day simple moving average is $44.47 and its two-hundred day simple moving average is $44.66. BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF has a twelve month low of $42.28 and a twelve month high of $45.41.

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.