Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Update

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the recipient of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 2,089 shares, a growth of 293.4% from the May 14th total of 531 shares. Based on an average daily trading volume, of 12,783 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

Global X Emerging Markets Bond ETF Trading Up 0.2%

Shares of NYSEARCA:EMBD traded up $0.05 during mid-day trading on Friday, reaching $23.88. The company had a trading volume of 7,639 shares, compared to its average volume of 55,007. The company’s 50-day moving average price is $23.75 and its 200-day moving average price is $23.87. Global X Emerging Markets Bond ETF has a one year low of $22.67 and a one year high of $25.12.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Thrivent Financial for Lutherans purchased a new position in shares of Global X Emerging Markets Bond ETF in the third quarter worth $1,097,000. Good Steward Wealth Advisors LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 17.0% in the fourth quarter. Good Steward Wealth Advisors LLC now owns 330,166 shares of the company’s stock worth $7,927,000 after purchasing an additional 48,086 shares during the last quarter. Prudent Investors Network Inc. raised its stake in shares of Global X Emerging Markets Bond ETF by 10.1% in the third quarter. Prudent Investors Network Inc. now owns 1,799,621 shares of the company’s stock worth $42,813,000 after purchasing an additional 164,717 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in shares of Global X Emerging Markets Bond ETF by 315.5% in the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 214,817 shares of the company’s stock worth $5,110,000 after purchasing an additional 163,122 shares during the last quarter. Finally, Global Retirement Partners LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 122.3% in the fourth quarter. Global Retirement Partners LLC now owns 64,285 shares of the company’s stock worth $1,543,000 after purchasing an additional 35,363 shares during the last quarter.

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.