SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Shares Shorted: Short Interest Up 91.2% in September

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 391,760 shares, an increase of 91.2% from the September 15th total of 204,886 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average trading volume of 312,174 shares, the days-to-cover ratio is currently 1.3 days.

SPDR Bloomberg Emerging Markets Local Bond ETF Trading Up 0.4%

NYSEARCA EBND traded up $0.08 during trading hours on Thursday, reaching $20.72. 437,145 shares of the stock traded hands, compared to its average volume of 380,395. The stock has a 50 day simple moving average of $20.92 and a two-hundred day simple moving average of $20.92. SPDR Bloomberg Emerging Markets Local Bond ETF has a 1 year low of $20.36 and a 1 year high of $21.94.

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

Large investors have recently modified their holdings of the company. Triumph Capital Management boosted its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 38.3% in the third quarter. Triumph Capital Management now owns 1,958 shares of the company’s stock worth $40,000 after buying an additional 542 shares in the last quarter. First Citizens Bank & Trust Co. bought a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter worth approximately $2,033,000. Signal Advisors Wealth LLC grew its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 9.4% during the 3rd quarter. Signal Advisors Wealth LLC now owns 42,486 shares of the company’s stock valued at $875,000 after purchasing an additional 3,659 shares during the last quarter. JBGlobal.com LLC purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter worth $3,943,000. Finally, Midwest Financial Network LLC raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 20.4% in the 3rd quarter. Midwest Financial Network LLC now owns 25,682 shares of the company’s stock worth $529,000 after purchasing an additional 4,344 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.