SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Up 100.4% in July

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 439,502 shares, a growth of 100.4% from the June 30th total of 219,258 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 333,397 shares, the days-to-cover ratio is currently 1.3 days.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vicus Capital boosted its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 300.5% in the 4th quarter. Vicus Capital now owns 43,164 shares of the company’s stock worth $922,000 after acquiring an additional 32,387 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 875.0% in the fourth quarter. Rockefeller Capital Management L.P. now owns 55,740 shares of the company’s stock worth $1,191,000 after purchasing an additional 50,023 shares in the last quarter. Valmark Advisers Inc. grew its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 10.3% during the first quarter. Valmark Advisers Inc. now owns 318,161 shares of the company’s stock worth $6,567,000 after purchasing an additional 29,738 shares during the last quarter. Bleakley Financial Group LLC increased its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 95.4% in the first quarter. Bleakley Financial Group LLC now owns 112,384 shares of the company’s stock valued at $2,320,000 after buying an additional 54,879 shares in the last quarter. Finally, Hsbc Holdings PLC bought a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the fourth quarter valued at about $5,557,000.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

EBND stock traded down $0.06 during trading on Friday, hitting $20.93. The company had a trading volume of 41,649 shares, compared to its average volume of 419,012. The company has a fifty day moving average price of $20.87 and a two-hundred day moving average price of $21.11. SPDR Bloomberg Emerging Markets Local Bond ETF has a fifty-two week low of $20.36 and a fifty-two week high of $21.94.

About SPDR Bloomberg Emerging Markets Local Bond ETF

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.