Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Expands By 229.5%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 24,657 shares, a growth of 229.5% from the June 30th total of 7,484 shares. Based on an average daily volume of 16,386 shares, the short-interest ratio is currently 1.5 days. Currently, 0.2% of the shares of the stock are short sold.

Global X Emerging Markets Bond ETF Stock Up 0.4%

Shares of NYSEARCA EMBD traded up $0.10 during mid-day trading on Monday, hitting $23.67. 14,144 shares of the company’s stock traded hands, compared to its average volume of 46,682. The company’s 50-day moving average is $23.79 and its two-hundred day moving average is $23.83. Global X Emerging Markets Bond ETF has a 1 year low of $23.15 and a 1 year high of $25.12.

Institutional Trading of Global X Emerging Markets Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in shares of Global X Emerging Markets Bond ETF during the first quarter worth $2,315,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Global X Emerging Markets Bond ETF by 9.9% during the second quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 313,349 shares of the company’s stock valued at $7,307,000 after acquiring an additional 28,278 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Global X Emerging Markets Bond ETF in the 2nd quarter worth $308,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Global X Emerging Markets Bond ETF in the third quarter worth about $39,000. Finally, Good Steward Wealth Advisors LLC grew its position in Global X Emerging Markets Bond ETF by 17.0% during the 4th quarter. Good Steward Wealth Advisors LLC now owns 330,166 shares of the company’s stock worth $7,927,000 after purchasing an additional 48,086 shares during the last quarter.

Global X Emerging Markets Bond ETF Company Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.