SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Shares Shorted: Short Interest Down 58.7% in September

by · The Markets Daily

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC – Get Free Report) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 18,687 shares, a decrease of 58.7% from the August 31st total of 45,279 shares. Based on an average daily trading volume, of 57,034 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Down 0.1%

Shares of NYSEARCA:EMHC traded down $0.02 on Tuesday, hitting $23.99. The company’s stock had a trading volume of 50,766 shares, compared to its average volume of 42,028. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12 month low of $23.94 and a 12 month high of $25.86. The stock’s 50-day moving average is $24.80 and its two-hundred day moving average is $25.05.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Signature Equity Partners LLC acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF in the first quarter worth approximately $33,000. Strategic Investment Advisors MI acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter valued at $131,000. PCB Capital LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter worth $217,000. Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter worth $280,000. Finally, Balefire LLC lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 12.8% in the first quarter. Balefire LLC now owns 13,425 shares of the company’s stock valued at $333,000 after buying an additional 1,526 shares during the period.

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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