Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Expands By 293.4%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the recipient of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,089 shares, an increase of 293.4% from the May 14th total of 531 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 12,783 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

Several large investors have recently made changes to their positions in the company. Gateway Wealth Partners LLC increased its holdings in shares of Global X Emerging Markets Bond ETF by 122.4% in the first quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock worth $4,937,000 after purchasing an additional 115,966 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of Global X Emerging Markets Bond ETF by 27.2% in the first quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock worth $864,000 after purchasing an additional 7,886 shares during the last quarter. Geneos Wealth Management Inc. bought a new stake in Global X Emerging Markets Bond ETF in the first quarter worth $83,000. Greenwood Capital Associates LLC increased its position in Global X Emerging Markets Bond ETF by 94.2% in the first quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock worth $889,000 after purchasing an additional 18,413 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in Global X Emerging Markets Bond ETF in the first quarter worth $385,000.

Global X Emerging Markets Bond ETF Trading Up 0.2%

Shares of EMBD stock traded up $0.05 during trading hours on Friday, hitting $23.88. The stock had a trading volume of 7,639 shares, compared to its average volume of 55,007. Global X Emerging Markets Bond ETF has a one year low of $22.67 and a one year high of $25.12. The stock’s 50-day moving average price is $23.75 and its two-hundred day moving average price is $23.87.

Global X Emerging Markets Bond ETF Company Profile

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.