SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Sees Large Drop in Short Interest

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 12,608 shares, a decline of 67.3% from the February 26th total of 38,565 shares. Based on an average daily volume of 35,216 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 35,216 shares, the short-interest ratio is currently 0.4 days.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. LPL Financial LLC boosted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 8.8% during the 4th quarter. LPL Financial LLC now owns 1,339,979 shares of the company’s stock worth $34,116,000 after purchasing an additional 108,657 shares in the last quarter. Envestnet Portfolio Solutions Inc. increased its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 8.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 563,937 shares of the company’s stock valued at $14,358,000 after purchasing an additional 44,694 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 17.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 560,232 shares of the company’s stock valued at $14,114,000 after purchasing an additional 82,362 shares in the last quarter. Osaic Holdings Inc. lifted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 33.7% in the second quarter. Osaic Holdings Inc. now owns 408,095 shares of the company’s stock valued at $10,006,000 after purchasing an additional 102,857 shares during the period. Finally, Austin Private Wealth LLC boosted its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 9.6% during the fourth quarter. Austin Private Wealth LLC now owns 332,887 shares of the company’s stock worth $8,475,000 after buying an additional 29,162 shares in the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of EMHC stock traded up $0.21 during trading hours on Wednesday, reaching $24.92. 797 shares of the company’s stock were exchanged, compared to its average volume of 32,784. The company’s 50 day moving average is $25.44 and its two-hundred day moving average is $25.44. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1 year low of $22.84 and a 1 year high of $25.86.

SPDR Bloomberg Emerging Markets USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a $0.1184 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from SPDR Bloomberg Emerging Markets USD Bond ETF’s previous monthly dividend of $0.12. This represents a c) annualized dividend and a yield of 5.7%.

SPDR Bloomberg Emerging Markets USD Bond ETF Company Profile

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.