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

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 72,163 shares, a growth of 77.5% from the May 31st total of 40,649 shares. Based on an average daily trading volume, of 36,717 shares, the days-to-cover ratio is currently 2.0 days. Approximately 0.7% of the company’s stock are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

SPDR Bloomberg Emerging Markets USD Bond ETF stock opened at $25.28 on Thursday. The firm has a 50-day moving average of $25.28 and a 200-day moving average of $25.33. SPDR Bloomberg Emerging Markets USD Bond ETF has a one year low of $24.27 and a one year high of $25.86.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of EMHC. WealthPoint Financial LLC grew its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 27.6% in the first quarter. WealthPoint Financial LLC now owns 32,341 shares of the company’s stock valued at $802,000 after purchasing an additional 6,989 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter worth approximately $280,000. Midwest Financial Network LLC boosted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 29.8% in the 1st quarter. Midwest Financial Network LLC now owns 25,473 shares of the company’s stock valued at $632,000 after buying an additional 5,855 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 3.2% in the 1st quarter. NewEdge Advisors LLC now owns 122,040 shares of the company’s stock valued at $3,027,000 after buying an additional 3,751 shares during the last quarter. Finally, Bank of America Corp DE grew its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 13.3% in the first quarter. Bank of America Corp DE now owns 16,268 shares of the company’s stock valued at $403,000 after buying an additional 1,904 shares in the last quarter.

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.