Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Decreases By 16.5%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant decrease in short interest in the month of February. As of February 27th, there was short interest totaling 38,565 shares, a decrease of 16.5% from the February 12th total of 46,212 shares. Based on an average trading volume of 24,999 shares, the days-to-cover ratio is currently 1.5 days. Approximately 0.4% of the company’s shares are short sold. Approximately 0.4% of the company’s shares are short sold. Based on an average trading volume of 24,999 shares, the days-to-cover ratio is currently 1.5 days.

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 EMHC. Triumph Capital Management bought a new position in SPDR Bloomberg Emerging Markets USD Bond ETF in the 3rd quarter worth about $47,000. CWM LLC increased its holdings in SPDR Bloomberg Emerging Markets USD Bond ETF by 172.3% during the 4th quarter. CWM LLC now owns 2,644 shares of the company’s stock worth $67,000 after purchasing an additional 1,673 shares during the period. Bank of America Corp DE raised its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% during the 2nd 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 in the last quarter. Breakwater Investment Management bought a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter valued at $115,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 4th quarter worth $202,000.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Up 0.4%

Shares of EMHC traded up $0.09 during mid-day trading on Tuesday, reaching $25.11. 9,466 shares of the company’s stock traded hands, compared to its average volume of 30,962. SPDR Bloomberg Emerging Markets USD Bond ETF has a 12 month low of $22.84 and a 12 month high of $25.86. The stock’s 50-day moving average is $25.51 and its two-hundred day moving average is $25.44.

SPDR Bloomberg Emerging Markets USD Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, March 5th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1184 per share. This represents a c) annualized dividend and a dividend yield of 5.7%. This is a positive change from SPDR Bloomberg Emerging Markets USD Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Monday, March 2nd.

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.