VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (EMLC) Short Interest Update

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) was the recipient of a significant growth in short interest in the month of April. As of April 15th, there was short interest totalling 1,160,982 shares, a growth of 36.8% from the March 29th total of 848,965 shares. Based on an average trading volume of 2,288,722 shares, the short-interest ratio is presently 0.5 days.

NYSEARCA EMLC opened at $33.07 on Friday. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has a 1-year low of $31.48 and a 1-year high of $36.94.

The business also recently disclosed a monthly dividend, which was paid on Tuesday, April 30th. Shareholders of record on Thursday, April 25th were issued a dividend of $0.1822 per share. This represents a $2.19 dividend on an annualized basis and a yield of 6.61%. The ex-dividend date of this dividend was Wednesday, April 24th.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of Nova Scotia acquired a new stake in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF during the fourth quarter valued at approximately $175,875,000. Morgan Stanley boosted its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 27.0% during the third quarter. Morgan Stanley now owns 1,753,864 shares of the company’s stock valued at $28,869,000 after purchasing an additional 373,273 shares in the last quarter. Deutsche Bank AG boosted its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 112.1% during the fourth quarter. Deutsche Bank AG now owns 1,319,334 shares of the company’s stock valued at $43,538,000 after purchasing an additional 697,334 shares in the last quarter. SG Americas Securities LLC boosted its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 295.5% during the first quarter. SG Americas Securities LLC now owns 1,077,562 shares of the company’s stock valued at $35,947,000 after purchasing an additional 805,098 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in VanEck Vectors J.P. Morgan EM Local Currency Bond ETF by 76.2% during the third quarter. JPMorgan Chase & Co. now owns 959,178 shares of the company’s stock valued at $15,788,000 after purchasing an additional 414,960 shares in the last quarter.

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VanEck Vectors J.P. Morgan EM Local Currency Bond ETF Company Profile

Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments.

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