iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) Short Interest Down 72.7% in August

iShares J.P. Morgan EM Corporate Bond ETF (BATS:CEMB) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 51,245 shares, a decline of 72.7% from the July 30th total of 187,712 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily trading volume, of 41,037 shares, the days-to-cover ratio is currently 1.2 days.

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

BATS CEMB traded up $0.02 during trading hours on Thursday, reaching $45.41. 12,838 shares of the company were exchanged, compared to its average volume of 62,979. iShares J.P. Morgan EM Corporate Bond ETF has a 1 year low of $44.92 and a 1 year high of $46.50. The business’s 50 day simple moving average is $45.38 and its 200-day simple moving average is $45.58.

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

Several large investors have recently modified their holdings of the stock. Loomis Sayles & Co. L P lifted its stake in iShares J.P. Morgan EM Corporate Bond ETF by 12.6% in the fourth quarter. Loomis Sayles & Co. L P now owns 280,952 shares of the company’s stock valued at $12,887,000 after purchasing an additional 31,404 shares during the last quarter. Nilsine Partners LLC purchased a new position in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 2nd quarter valued at $3,662,000. Ameriprise Financial Inc. lifted its position in shares of 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 valued at $1,181,000 after buying an additional 5,932 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of 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 acquiring an additional 7,410 shares during the period. Finally, Stronghold Wealth Management L.L.C. bought a new position in shares of iShares J.P. Morgan EM Corporate Bond ETF during the 4th quarter worth $589,000.

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.