SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Update

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 100,938 shares, a decrease of 69.8% from the June 30th total of 334,182 shares. Based on an average daily volume of 43,587 shares, the days-to-cover ratio is currently 2.3 days. Approximately 0.9% of the shares of the company are sold short.

Institutional Inflows and Outflows

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

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

EMHC traded up $0.03 during trading on Tuesday, hitting $25.01. The stock had a trading volume of 30,777 shares, compared to its average volume of 37,959. The company has a 50 day moving average price of $25.24 and a 200-day moving average price of $25.29. SPDR Bloomberg Emerging Markets USD Bond ETF has a one year low of $24.54 and a one year high of $25.86.

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.