iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Short Interest Update

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

Institutional Trading of iShares J.P. Morgan EM Corporate Bond ETF

A number of institutional investors have recently modified their holdings of the company. J.Safra Asset Management Corp grew its stake in iShares J.P. Morgan EM Corporate Bond ETF by 10.0% during the fourth quarter. J.Safra Asset Management Corp now owns 3,056 shares of the company’s stock worth $140,000 after buying an additional 278 shares during the period. BNP Paribas Financial Markets lifted its holdings in shares of iShares J.P. Morgan EM Corporate Bond ETF by 169.5% during the 2nd 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. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in shares of 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 acquiring an additional 3,153 shares in the last quarter. Ameriprise Financial Inc. boosted its position in iShares J.P. Morgan EM Corporate Bond ETF by 30.2% during the 3rd quarter. Ameriprise Financial Inc. now owns 25,550 shares of the company’s stock worth $1,181,000 after purchasing an additional 5,932 shares during the period. Finally, Bank of New York Mellon Corp boosted its position 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 worth $597,000 after purchasing an additional 7,410 shares during the period.

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

CEMB stock opened at $45.65 on Friday. The stock has a 50-day moving average price of $45.67 and a two-hundred day moving average price of $45.77. iShares J.P. Morgan EM Corporate Bond ETF has a 12-month low of $44.92 and a 12-month high of $46.50.

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.