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

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the target of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 994,486 shares, a drop of 27.6% from the December 31st total of 1,373,933 shares. Approximately 0.9% of the shares of the company are short sold. Based on an average daily volume of 493,289 shares, the short-interest ratio is currently 2.0 days. Based on an average daily volume of 493,289 shares, the short-interest ratio is currently 2.0 days. Approximately 0.9% of the shares of the company are short sold.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

A number of large investors have recently modified their holdings of EBND. MeadowBrook Investment Advisors LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the 2nd quarter valued at about $25,000. Thompson Investment Management Inc. acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter valued at approximately $25,000. Daytona Street Capital LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the fourth quarter valued at approximately $27,000. Triumph Capital Management acquired a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter worth approximately $33,000. Finally, Howe & Rusling Inc. boosted its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 1,738.6% during the second quarter. Howe & Rusling Inc. now owns 1,618 shares of the company’s stock worth $35,000 after buying an additional 1,530 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Performance

Shares of EBND opened at $21.66 on Friday. The stock has a fifty day moving average price of $21.39 and a 200 day moving average price of $21.31. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12 month low of $19.50 and a 12 month 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.