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 large drop in short interest in the month of July. As of July 15th, there was short interest totaling 100,938 shares, a drop of 69.8% from the June 30th total of 334,182 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 43,587 shares, the days-to-cover ratio is currently 2.3 days.

Hedge Funds Weigh In On SPDR Bloomberg Emerging Markets USD Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. KWB Wealth grew its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 170.9% during the 2nd quarter. KWB Wealth now owns 76,244 shares of the company’s stock worth $1,940,000 after purchasing an additional 48,102 shares during the period. Midwest Financial Network LLC raised its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 33.6% in the second quarter. Midwest Financial Network LLC now owns 34,023 shares of the company’s stock valued at $865,000 after buying an additional 8,550 shares during the period. WealthPoint Financial LLC raised its holdings 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 buying an additional 6,989 shares during the period. Western Wealth Management LLC acquired a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the first quarter valued at approximately $280,000. Finally, NewEdge Advisors LLC lifted its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 3.2% during the first 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 in the last quarter.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Up 0.1%

Shares of SPDR Bloomberg Emerging Markets USD Bond ETF stock opened at $24.90 on Friday. The business’s fifty day moving average price is $25.24 and its 200 day moving average price is $25.30. SPDR Bloomberg Emerging Markets USD Bond ETF has a twelve month low of $24.54 and a twelve 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.