SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Shares Shorted: Short Interest Down 58.7% in September

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 18,687 shares, a decrease of 58.7% from the August 31st total of 45,279 shares. Based on an average daily trading volume, of 57,034 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Down 0.1%

Shares of NYSEARCA:EMHC traded down $0.02 on Tuesday, hitting $23.99. The company’s stock had a trading volume of 50,766 shares, compared to its average volume of 42,028. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12 month low of $23.94 and a 12 month high of $25.86. The stock’s 50-day moving average is $24.80 and its two-hundred day moving average is $25.05.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Signature Equity Partners LLC acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF in the first quarter worth approximately $33,000. Strategic Investment Advisors MI acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 1st quarter valued at $131,000. PCB Capital LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter worth $217,000. Western Wealth Management LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter worth $280,000. Finally, Balefire LLC lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 12.8% in the first quarter. Balefire LLC now owns 13,425 shares of the company’s stock valued at $333,000 after buying an additional 1,526 shares during the period.

About SPDR Bloomberg Emerging Markets USD Bond ETF

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.