SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Stock Short Interest Climbs 91.2%

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 391,760 shares, a growth of 91.2% from the September 15th total of 204,886 shares. Based on an average daily volume of 312,174 shares, the short-interest ratio is currently 1.3 days. Currently, 0.4% of the shares of the company are sold short.

SPDR Bloomberg Emerging Markets Local Bond ETF Trading Down 0.0%

Shares of SPDR Bloomberg Emerging Markets Local Bond ETF stock traded down $0.01 on Friday, hitting $20.71. 228,937 shares of the company traded hands, compared to its average volume of 379,557. The business has a 50-day simple moving average of $20.92 and a 200 day simple moving average of $20.92. SPDR Bloomberg Emerging Markets Local Bond ETF has a 52 week low of $20.36 and a 52 week high of $21.94.

Institutional Investors Weigh In On SPDR Bloomberg Emerging Markets Local Bond ETF

Large investors have recently modified their holdings of the business. Pension & Wealth Management Advisors Inc. raised its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 4.4% in the 3rd quarter. Pension & Wealth Management Advisors Inc. now owns 26,107 shares of the company’s stock valued at $538,000 after purchasing an additional 1,089 shares during the last quarter. Daytona Street Capital LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the 3rd quarter worth approximately $26,000. Legacy Wealth Partners LLC grew its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 22.2% during the third quarter. Legacy Wealth Partners LLC now owns 18,582 shares of the company’s stock worth $383,000 after buying an additional 3,375 shares in the last quarter. Triumph Capital Management grew its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 38.3% in the third quarter. Triumph Capital Management now owns 1,958 shares of the company’s stock valued at $40,000 after purchasing an additional 542 shares in the last quarter. Finally, First Citizens Bank & Trust Co. acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter worth about $2,033,000.

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.