Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Increases By 363.1%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 334,182 shares, a growth of 363.1% from the June 15th total of 72,163 shares. Based on an average daily trading volume, of 70,793 shares, the days-to-cover ratio is presently 4.7 days. Currently, 3.0% of the company’s stock are sold short.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Down 0.6%

SPDR Bloomberg Emerging Markets USD Bond ETF stock traded down $0.15 during midday trading on Monday, hitting $25.11. The stock had a trading volume of 40,510 shares, compared to its average volume of 37,148. The business has a fifty day moving average price of $25.27 and a 200 day moving average price of $25.32. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12 month low of $24.27 and a 12 month high of $25.86.

Institutional Trading of SPDR Bloomberg Emerging Markets USD Bond ETF

Several hedge funds have recently made changes to their positions in EMHC. Signature Equity Partners LLC bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter worth about $33,000. Triumph Capital Management bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 3rd quarter worth $47,000. CWM LLC lifted its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% in the 4th quarter. CWM LLC now owns 2,644 shares of the company’s stock valued at $67,000 after acquiring an additional 1,673 shares during the last quarter. Bank of America Corp DE lifted its stake in 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 valued at $82,000 after purchasing an additional 1,063 shares during the last quarter. Finally, Breakwater Investment Management acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter valued at $115,000.

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.