SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Stock Short Interest Climbs 84.9%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant growth in short interest in September. As of September 30th, there was short interest totaling 34,545 shares, a growth of 84.9% from the September 15th total of 18,687 shares. Based on an average trading volume of 45,014 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Down 0.1%

NYSEARCA EMHC opened at $23.96 on Thursday. The business has a 50-day moving average price of $24.54 and a 200-day moving average price of $24.96. SPDR Bloomberg Emerging Markets USD Bond ETF has a twelve month low of $23.57 and a twelve month high of $25.86.

Institutional Trading of SPDR Bloomberg Emerging Markets USD Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in EMHC. Signal Advisors Wealth LLC purchased a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the third quarter worth $1,694,000. KWB Wealth boosted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 170.9% during the second quarter. KWB Wealth now owns 76,244 shares of the company’s stock worth $1,940,000 after acquiring an additional 48,102 shares during the last quarter. Midwest Financial Network LLC purchased a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the third quarter valued at $981,000. WealthPoint Financial LLC purchased a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the fourth quarter valued at $645,000. Finally, Cetera Investment Advisers grew its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 20.2% during the first quarter. Cetera Investment Advisers now owns 90,947 shares of the company’s stock valued at $2,255,000 after acquiring an additional 15,304 shares in the last quarter.

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.