SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Down 50.5% in August

by · The Markets Daily

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 46,315 shares, a drop of 50.5% from the July 30th total of 93,519 shares. Based on an average trading volume of 41,909 shares, the short-interest ratio is presently 1.1 days. Currently, 0.4% of the shares of the company are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Price Performance

NYSEARCA:EMHC traded down $0.07 during trading hours on Friday, hitting $24.93. 36,402 shares of the stock traded hands, compared to its average volume of 41,145. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1 year low of $24.54 and a 1 year high of $25.86. The stock has a 50 day moving average price of $25.10 and a 200 day moving average price of $25.21.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. RFG Advisory LLC increased its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 1.5% in the 1st quarter. RFG Advisory LLC now owns 36,998 shares of the company’s stock worth $918,000 after buying an additional 549 shares in the last quarter. Novus Advisors LLC lifted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 2.6% in the fourth quarter. Novus Advisors LLC now owns 33,071 shares of the company’s stock valued at $842,000 after acquiring an additional 840 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 4.0% in the fourth quarter. CreativeOne Wealth LLC now owns 25,423 shares of the company’s stock worth $647,000 after acquiring an additional 974 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 3.3% in the third quarter. Orion Porfolio Solutions LLC now owns 32,656 shares of the company’s stock worth $823,000 after acquiring an additional 1,052 shares during the period. Finally, Bank of America Corp DE grew its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% during the second quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock worth $82,000 after purchasing an additional 1,063 shares in the last quarter.

About SPDR Bloomberg Emerging Markets USD Bond ETF

(Get Free Report)

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.

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