SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Update

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 46,212 shares, a growth of 54.9% from the January 29th total of 29,829 shares. Based on an average trading volume of 37,546 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the shares of the company are sold short. Approximately 0.5% of the shares of the company are sold short. Based on an average trading volume of 37,546 shares, the days-to-cover ratio is currently 1.2 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF during the third quarter valued at approximately $47,000. CWM LLC grew its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% in the fourth quarter. CWM LLC now owns 2,644 shares of the company’s stock valued at $67,000 after acquiring an additional 1,673 shares during the period. Bank of America Corp DE raised its stake in 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 acquiring an additional 1,063 shares in the last quarter. Breakwater Investment Management bought a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the fourth quarter valued at $115,000. Finally, Sowell Financial Services LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter worth about $202,000.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of NYSEARCA EMHC opened at $25.80 on Friday. SPDR Bloomberg Emerging Markets USD Bond ETF has a one year low of $22.84 and a one year high of $25.86. The business has a fifty day simple moving average of $25.55 and a 200 day simple moving average of $25.41.

SPDR Bloomberg Emerging Markets USD Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1178 per share. This represents a c) annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Monday, February 2nd.

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.