Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Increases By 77.5%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the recipient of a large growth in short interest in June. As of June 15th, there was short interest totaling 72,163 shares, a growth of 77.5% from the May 31st total of 40,649 shares. Based on an average daily volume of 36,717 shares, the short-interest ratio is currently 2.0 days. Approximately 0.7% of the shares of the stock are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of EMHC opened at $25.31 on Friday. The stock has a fifty day moving average price of $25.28 and a two-hundred day moving average price of $25.33. SPDR Bloomberg Emerging Markets USD Bond ETF has a 52-week low of $24.27 and a 52-week high of $25.86.

Institutional Trading of SPDR Bloomberg Emerging Markets USD Bond ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Signature Equity Partners LLC acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF in the 1st quarter valued at about $33,000. Triumph Capital Management acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the third quarter worth approximately $47,000. CWM LLC lifted its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% during the fourth quarter. CWM LLC now owns 2,644 shares of the company’s stock worth $67,000 after purchasing an additional 1,673 shares in the last quarter. Bank of America Corp DE grew its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% during the second quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock valued at $82,000 after purchasing an additional 1,063 shares during the last quarter. Finally, Breakwater Investment Management bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the fourth quarter valued at approximately $115,000.

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.