Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Down 94.5% in May

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 531 shares, a decrease of 94.5% from the April 30th total of 9,595 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 28,247 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. bought a new position in Global X Emerging Markets Bond ETF in the 3rd quarter valued at about $39,000. Geneos Wealth Management Inc. bought a new position in Global X Emerging Markets Bond ETF in the 1st quarter valued at about $83,000. CWM LLC raised its holdings in Global X Emerging Markets Bond ETF by 300.3% in the 4th quarter. CWM LLC now owns 7,845 shares of the company’s stock valued at $188,000 after acquiring an additional 5,885 shares during the period. Raymond James Financial Inc. bought a new position in Global X Emerging Markets Bond ETF in the 2nd quarter valued at about $308,000. Finally, Private Advisor Group LLC bought a new position in Global X Emerging Markets Bond ETF in the 1st quarter valued at about $385,000.

Global X Emerging Markets Bond ETF Stock Up 0.5%

Shares of EMBD stock traded up $0.11 on Wednesday, reaching $23.84. The stock had a trading volume of 13,826 shares, compared to its average volume of 60,334. The firm’s 50-day moving average is $23.65 and its two-hundred day moving average is $23.89. Global X Emerging Markets Bond ETF has a 12 month low of $22.67 and a 12 month high of $25.12.

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.