SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Down 50.5% in August

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant decline in short interest in August. As of August 14th, there was short interest totaling 46,315 shares, a decline of 50.5% from the July 30th total of 93,519 shares. Based on an average trading volume of 41,909 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On SPDR Bloomberg Emerging Markets USD Bond ETF

Institutional investors have recently added to or reduced their stakes in the stock. KWB Wealth lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 170.9% in the second quarter. KWB Wealth now owns 76,244 shares of the company’s stock worth $1,940,000 after buying an additional 48,102 shares in the last quarter. Midwest Financial Network LLC increased its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 33.6% in the 2nd quarter. Midwest Financial Network LLC now owns 34,023 shares of the company’s stock valued at $865,000 after acquiring an additional 8,550 shares during the last quarter. WealthPoint Financial LLC lifted its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 27.6% in the 1st quarter. WealthPoint Financial LLC now owns 32,341 shares of the company’s stock worth $802,000 after purchasing an additional 6,989 shares in the last quarter. Western Wealth Management LLC bought a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter valued at about $280,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 3.2% during the 1st quarter. NewEdge Advisors LLC now owns 122,040 shares of the company’s stock valued at $3,027,000 after purchasing an additional 3,751 shares during the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of NYSEARCA EMHC traded down $0.03 during mid-day trading on Monday, reaching $24.90. The company’s stock had a trading volume of 18,822 shares, compared to its average volume of 41,011. SPDR Bloomberg Emerging Markets USD Bond ETF has a 52 week low of $24.54 and a 52 week high of $25.86. The stock has a fifty day moving average of $25.10 and a two-hundred day moving average of $25.21.

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.