Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Grows By 54.9%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 46,212 shares, an increase of 54.9% from the January 29th total of 29,829 shares. Approximately 0.5% of the company’s shares are short sold. Based on an average daily volume of 37,546 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily volume of 37,546 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.5% of the company’s shares are short sold.

Institutional Investors Weigh In On SPDR Bloomberg Emerging Markets USD Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Triumph Capital Management bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the third quarter worth about $47,000. CWM LLC increased its stake in shares of 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 raised its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% in the 2nd quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock valued at $82,000 after acquiring an additional 1,063 shares during the period. Breakwater Investment Management bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter worth approximately $115,000. Finally, Sowell Financial Services LLC bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter worth approximately $202,000.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

SPDR Bloomberg Emerging Markets USD Bond ETF stock opened at $25.80 on Friday. SPDR Bloomberg Emerging Markets USD Bond ETF has a 1 year low of $22.84 and a 1 year high of $25.86. The company’s 50-day moving average is $25.55 and its two-hundred day moving average is $25.41.

SPDR Bloomberg Emerging Markets USD Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were issued a $0.1178 dividend. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date was Monday, February 2nd.

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.