SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Sees Significant Increase in Short Interest
by Renee Jackson · The Cerbat GemSPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC – Get Free Report) was the target of a large increase in short interest during the month of March. As of March 31st, there was short interest totaling 15,938 shares, an increase of 26.4% from the March 15th total of 12,608 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 39,529 shares, the short-interest ratio is presently 0.4 days.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in EMHC. Triumph Capital Management acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 3rd quarter worth approximately $47,000. CWM LLC boosted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% during the 4th quarter. CWM LLC now owns 2,644 shares of the company’s stock worth $67,000 after purchasing an additional 1,673 shares during the last quarter. Bank of America Corp DE lifted its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% in the second quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock valued at $82,000 after acquiring an additional 1,063 shares during the last quarter. Breakwater Investment Management acquired a new position in SPDR Bloomberg Emerging Markets USD Bond ETF in the fourth quarter valued at approximately $115,000. Finally, Sowell Financial Services LLC acquired a new position in SPDR Bloomberg Emerging Markets USD Bond ETF in the fourth quarter valued at approximately $202,000.
SPDR Bloomberg Emerging Markets USD Bond ETF Trading Down 0.3%
Shares of SPDR Bloomberg Emerging Markets USD Bond ETF stock traded down $0.08 on Thursday, hitting $25.33. 18,772 shares of the company were exchanged, compared to its average volume of 33,310. The company has a 50-day moving average price of $25.27 and a 200 day moving average price of $25.40. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1-year low of $23.38 and a 1-year high of $25.86.
SPDR Bloomberg Emerging Markets USD Bond ETF Company Profile
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.