SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Stock Short Interest Rises 84.9%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant increase in short interest in September. As of September 30th, there was short interest totaling 34,545 shares, an increase of 84.9% from the September 15th total of 18,687 shares. Based on an average daily trading volume, of 45,014 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are sold short.

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

Several large investors have recently bought and sold shares of EMHC. KWB Wealth lifted its holdings in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 170.9% in the second quarter. KWB Wealth now owns 76,244 shares of the company’s stock valued at $1,940,000 after purchasing an additional 48,102 shares in the last quarter. WealthPoint Financial LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 4th quarter worth approximately $645,000. Midwest Financial Network LLC acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 3rd quarter worth approximately $981,000. Signal Advisors Wealth LLC bought a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the third quarter valued at approximately $1,694,000. Finally, Legacy Wealth Partners LLC acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the third quarter valued at $742,000.

SPDR Bloomberg Emerging Markets USD Bond ETF Trading Down 0.3%

Shares of SPDR Bloomberg Emerging Markets USD Bond ETF stock traded down $0.07 during trading hours on Friday, reaching $24.04. 45,999 shares of the company’s stock were exchanged, compared to its average volume of 45,694. The company has a fifty day moving average of $24.52 and a 200-day moving average of $24.96. SPDR Bloomberg Emerging Markets USD Bond ETF has a 52-week low of $23.57 and a 52-week high of $25.86.

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.