SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Up 48.5% in May

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 9,800 shares, an increase of 48.5% from the May 15th total of 6,600 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 157,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of SPDR Bloomberg Emerging Markets USD Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Global Financial Private Client LLC raised its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 96.0% during the 1st quarter. Global Financial Private Client LLC now owns 7,983 shares of the company’s stock worth $193,000 after purchasing an additional 3,910 shares during the last quarter. NewEdge Advisors LLC raised its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 86.5% during the 1st quarter. NewEdge Advisors LLC now owns 109,207 shares of the company’s stock worth $2,639,000 after purchasing an additional 50,666 shares during the last quarter. OLD Mission Capital LLC bought a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter worth about $257,000. FSB Premier Wealth Management Inc. raised its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 75.0% during the 1st quarter. FSB Premier Wealth Management Inc. now owns 26,614 shares of the company’s stock worth $643,000 after purchasing an additional 11,408 shares during the last quarter. Finally, Richardson Financial Services Inc. raised its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 93.1% during the 1st quarter. Richardson Financial Services Inc. now owns 14,677 shares of the company’s stock worth $355,000 after purchasing an additional 7,076 shares during the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of NYSEARCA:EMHC opened at $24.23 on Wednesday. SPDR Bloomberg Emerging Markets USD Bond ETF has a twelve month low of $22.84 and a twelve month high of $25.22. The business has a fifty day moving average of $23.94 and a 200-day moving average of $24.05.

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.