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

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 46,315 shares, a drop of 50.5% from the July 30th total of 93,519 shares. Based on an average daily volume of 41,909 shares, the days-to-cover ratio is presently 1.1 days. Approximately 0.4% of the company’s shares are short sold.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMHC. RFG Advisory LLC lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 1.5% in the 1st quarter. RFG Advisory LLC now owns 36,998 shares of the company’s stock worth $918,000 after buying an additional 549 shares during the period. Novus Advisors LLC boosted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 2.6% in the 4th quarter. Novus Advisors LLC now owns 33,071 shares of the company’s stock valued at $842,000 after buying an additional 840 shares in the last quarter. CreativeOne Wealth LLC boosted its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 4.0% in the fourth quarter. CreativeOne Wealth LLC now owns 25,423 shares of the company’s stock valued at $647,000 after acquiring an additional 974 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 3.3% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 32,656 shares of the company’s stock worth $823,000 after purchasing an additional 1,052 shares in the last quarter. Finally, Bank of America Corp DE grew its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% during the second quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock worth $82,000 after acquiring an additional 1,063 shares during the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Down 0.3%

Shares of EMHC traded down $0.07 during trading hours on Friday, reaching $24.93. 36,402 shares of the company traded hands, compared to its average volume of 41,145. The stock’s fifty day moving average price is $25.10 and its 200 day moving average price is $25.21. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12-month low of $24.54 and a 12-month high of $25.86.

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.