Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Shares Shorted: Short Interest Down 44.7% in September

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 60,141 shares, a decrease of 44.7% from the August 31st total of 108,721 shares. Based on an average daily trading volume, of 24,623 shares, the short-interest ratio is currently 2.4 days. Approximately 0.6% of the company’s shares are short sold.

Global X Emerging Markets Bond ETF Stock Down 0.2%

Shares of EMBD stock traded down $0.06 during trading on Thursday, hitting $22.52. 33,837 shares of the stock traded hands, compared to its average volume of 40,780. The firm’s fifty day moving average price is $23.42 and its 200-day moving average price is $23.62. Global X Emerging Markets Bond ETF has a 52-week low of $22.42 and a 52-week high of $25.12.

Hedge Funds Weigh In On Global X Emerging Markets Bond ETF

Several large investors have recently modified their holdings of the business. Geneos Wealth Management Inc. acquired a new stake in shares of Global X Emerging Markets Bond ETF during the 1st quarter worth about $83,000. Private Advisor Group LLC acquired a new stake in shares of Global X Emerging Markets Bond ETF during the first quarter valued at about $385,000. Cetera Investment Advisers increased its position in shares of Global X Emerging Markets Bond ETF by 27.2% during the first quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock valued at $864,000 after acquiring an additional 7,886 shares during the last quarter. Greenwood Capital Associates LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 94.2% in the 1st quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock valued at $889,000 after acquiring an additional 18,413 shares during the period. Finally, Gateway Wealth Partners LLC raised its stake in shares of Global X Emerging Markets Bond ETF by 122.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock valued at $4,937,000 after acquiring an additional 115,966 shares during the period.

Global X Emerging Markets Bond ETF Company Profile

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.