SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 34,545 shares, a growth of 84.9% from the September 15th total of 18,687 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average trading volume of 45,014 shares, the days-to-cover ratio is presently 0.8 days.
SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance
EMHC stock traded down $0.07 during trading hours on Friday, hitting $24.04. The company’s stock had a trading volume of 47,364 shares, compared to its average volume of 45,703. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12 month low of $23.57 and a 12 month high of $25.86. The stock has a 50 day moving average price of $24.50 and a two-hundred day moving average price of $24.95.
Institutional Inflows and Outflows
A number of hedge funds have recently made changes to their positions in EMHC. Signal Advisors Wealth LLC acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF in the 3rd quarter worth approximately $1,694,000. KWB Wealth acquired a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the third quarter valued at approximately $1,676,000. Midwest Financial Network LLC bought a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the third quarter valued at approximately $981,000. Legacy Wealth Partners LLC bought a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the third quarter valued at approximately $742,000. Finally, WealthPoint Financial LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the fourth quarter worth $645,000.
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.
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