SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Up 100.4% in July

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 439,502 shares, a growth of 100.4% from the June 30th total of 219,258 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 333,397 shares, the short-interest ratio is currently 1.3 days.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

EBND stock traded up $0.19 during midday trading on Thursday, hitting $20.99. 453,984 shares of the company’s stock were exchanged, compared to its average volume of 421,677. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12-month low of $20.36 and a 12-month high of $21.94. The firm has a 50 day moving average price of $20.87 and a 200-day moving average price of $21.11.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Daytona Street Capital LLC acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the fourth quarter valued at $27,000. Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 1st quarter worth about $29,000. Fifth Third Bancorp raised its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 78.1% in the 4th quarter. Fifth Third Bancorp now owns 1,519 shares of the company’s stock valued at $32,000 after purchasing an additional 666 shares in the last quarter. Triumph Capital Management acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at about $33,000. Finally, Jones Financial Companies Lllp lifted its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% during the first quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock worth $37,000 after purchasing an additional 1,369 shares during the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

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.