SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Update

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 1,110,373 shares, an increase of 119.3% from the January 29th total of 506,332 shares. Based on an average daily trading volume, of 638,770 shares, the short-interest ratio is currently 1.7 days. Approximately 1.1% of the shares of the stock are short sold. Approximately 1.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 638,770 shares, the short-interest ratio is currently 1.7 days.

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

Institutional investors have recently added to or reduced their stakes in the business. Empower Advisory Group LLC lifted its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 3.8% in the 2nd quarter. Empower Advisory Group LLC now owns 24,148,386 shares of the company’s stock worth $516,775,000 after acquiring an additional 876,462 shares during the last quarter. Comerica Bank raised its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 17,042.9% in the 4th quarter. Comerica Bank now owns 861,772 shares of the company’s stock worth $18,416,000 after purchasing an additional 856,745 shares during the period. SeaBridge Investment Advisors LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter worth $7,761,000. NewSquare Capital LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at about $7,756,000. Finally, Ocean Park Asset Management LLC bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the third quarter valued at about $7,666,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of EBND stock traded down $0.02 during trading hours on Friday, reaching $21.88. The stock had a trading volume of 324,800 shares, compared to its average volume of 490,051. The stock’s fifty day simple moving average is $21.60 and its 200 day simple moving average is $21.40. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12 month low of $19.50 and a 12 month high of $21.94.

SPDR Bloomberg Emerging Markets Local Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1028 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This is an increase from SPDR Bloomberg Emerging Markets Local Bond ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 5.6%.

About SPDR Bloomberg Emerging Markets Local Bond ETF

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.