SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Update

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 994,486 shares, a decrease of 27.6% from the December 31st total of 1,373,933 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 493,289 shares, the days-to-cover ratio is presently 2.0 days. Based on an average daily trading volume, of 493,289 shares, the days-to-cover ratio is presently 2.0 days. Currently, 0.9% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EBND. Jones Financial Companies Lllp raised its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% during the 1st quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock worth $37,000 after buying an additional 1,369 shares during the period. Rainey & Randall Wealth Advisors Inc. raised its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 3.7% during the second quarter. Rainey & Randall Wealth Advisors Inc. now owns 46,538 shares of the company’s stock worth $996,000 after acquiring an additional 1,641 shares during the period. Simplicity Wealth LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the 2nd quarter valued at $937,000. Valmark Advisers Inc. boosted its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 4.3% in the 2nd quarter. Valmark Advisers Inc. now owns 290,665 shares of the company’s stock worth $6,220,000 after purchasing an additional 12,012 shares during the period. Finally, rebel Financial LLC acquired a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 2nd quarter worth $4,929,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of EBND traded down $0.20 during mid-day trading on Friday, hitting $21.66. 334,713 shares of the company traded hands, compared to its average volume of 453,991. The business has a 50-day moving average of $21.39 and a 200 day moving average of $21.31. SPDR Bloomberg Emerging Markets Local Bond ETF has a one year low of $19.50 and a one year high of $21.88.

About SPDR Bloomberg Emerging Markets Local Bond ETF

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.