iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BATS:BEMB) Sees Significant Decrease in Short Interest
by Tristan Rich · The Markets DailyiShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BATS:BEMB – Get Free Report) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 791 shares, a decrease of 84.8% from the August 15th total of 5,204 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 961 shares, the days-to-cover ratio is presently 0.8 days.
iShares J.P. Morgan Broad USD Emerging Markets Bond ETF Stock Performance
BEMB opened at $52.10 on Friday. The company’s 50 day moving average is $52.77 and its 200-day moving average is $53.11. iShares J.P. Morgan Broad USD Emerging Markets Bond ETF has a 1-year low of $52.07 and a 1-year high of $54.79.
iShares J.P. Morgan Broad USD Emerging Markets Bond ETF Company Profile
The iShares J.P. Morgan Broad USD Emerging Markets Bond ETF (BEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of US-dollar-denominated sovereign, quasi-sovereign, and corporate debt issued in emerging-market countries with at least 2.5 years remaining in maturity. Exposure is evenly distributed across constituent countries. BEMB was launched on Feb 22, 2023 and is managed by BlackRock.
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