Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Expands By 180.9%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 5,869 shares, a growth of 180.9% from the May 31st total of 2,089 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 11,569 shares, the days-to-cover ratio is presently 0.5 days.

Global X Emerging Markets Bond ETF Stock Down 0.1%

Shares of Global X Emerging Markets Bond ETF stock traded down $0.03 during trading hours on Friday, hitting $23.92. 12,757 shares of the company’s stock traded hands, compared to its average volume of 52,077. Global X Emerging Markets Bond ETF has a twelve month low of $23.02 and a twelve month high of $25.12. The stock has a 50 day simple moving average of $23.82 and a 200-day simple moving average of $23.87.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Global X Emerging Markets Bond ETF in the third quarter worth $39,000. Geneos Wealth Management Inc. acquired a new stake in shares of Global X Emerging Markets Bond ETF in the 1st quarter valued at about $83,000. CWM LLC lifted its position in shares of Global X Emerging Markets Bond ETF by 300.3% during the fourth quarter. CWM LLC now owns 7,845 shares of the company’s stock worth $188,000 after purchasing an additional 5,885 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Global X Emerging Markets Bond ETF in the second quarter worth about $308,000. Finally, Private Advisor Group LLC acquired a new position in Global X Emerging Markets Bond ETF in the first quarter worth about $385,000.

About Global X Emerging Markets Bond ETF

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.