Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Grows By 77.5%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 72,163 shares, an increase of 77.5% from the May 31st total of 40,649 shares. Based on an average trading volume of 36,717 shares, the short-interest ratio is currently 2.0 days. Currently, 0.7% of the shares of the company are short sold.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

SPDR Bloomberg Emerging Markets USD Bond ETF stock opened at $25.28 on Thursday. The company’s 50-day moving average is $25.28 and its 200-day moving average is $25.33. SPDR Bloomberg Emerging Markets USD Bond ETF has a fifty-two week low of $24.27 and a fifty-two week high of $25.86.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. JPMorgan Chase & Co. acquired a new position in SPDR Bloomberg Emerging Markets USD Bond ETF during the second quarter worth approximately $302,000. NewEdge Advisors LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 5.1% during the 2nd quarter. NewEdge Advisors LLC now owns 114,784 shares of the company’s stock worth $2,825,000 after acquiring an additional 5,577 shares during the period. Bank of America Corp DE boosted its stake in shares of 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 worth $82,000 after acquiring an additional 1,063 shares during the period. Orion Porfolio Solutions LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 53.2% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 31,604 shares of the company’s stock worth $778,000 after acquiring an additional 10,976 shares during the period. Finally, Arete Wealth Advisors LLC acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 3rd quarter worth approximately $300,000.

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.