Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Rises By 363.1%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 334,182 shares, a growth of 363.1% from the June 15th total of 72,163 shares. Approximately 3.0% of the company’s shares are short sold. Based on an average daily volume of 70,793 shares, the short-interest ratio is presently 4.7 days.

Hedge Funds Weigh In On SPDR Bloomberg Emerging Markets USD Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in EMHC. Signature Equity Partners LLC bought a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF in the first quarter valued at $33,000. Triumph Capital Management bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF in the 3rd quarter worth $47,000. CWM LLC lifted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% in the 4th quarter. CWM LLC now owns 2,644 shares of the company’s stock worth $67,000 after purchasing an additional 1,673 shares during the period. Bank of America Corp DE lifted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% in the 2nd quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock worth $82,000 after purchasing an additional 1,063 shares during the period. Finally, Breakwater Investment Management purchased a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 4th quarter worth about $115,000.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Up 0.0%

NYSEARCA EMHC traded up $0.01 on Friday, hitting $25.26. The company’s stock had a trading volume of 35,272 shares, compared to its average volume of 37,123. SPDR Bloomberg Emerging Markets USD Bond ETF has a 52-week low of $24.27 and a 52-week high of $25.86. The company’s 50-day simple moving average is $25.27 and its 200 day simple moving average is $25.32.

About SPDR Bloomberg Emerging Markets USD Bond ETF

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.