SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Down 60.7% in February

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 436,556 shares, a decrease of 60.7% from the February 12th total of 1,110,373 shares. Based on an average trading volume of 405,067 shares, the short-interest ratio is currently 1.1 days. Currently, 0.4% of the shares of the company are short sold. Currently, 0.4% of the shares of the company are short sold. Based on an average trading volume of 405,067 shares, the short-interest ratio is currently 1.1 days.

Institutional Investors Weigh In On SPDR Bloomberg Emerging Markets Local Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in EBND. Hsbc Holdings PLC purchased a new position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF during the fourth quarter worth about $5,557,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the 4th quarter valued at approximately $60,000. WealthPoint Financial LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the 4th quarter valued at approximately $348,000. Mercer Global Advisors Inc. ADV lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 8.5% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,318 shares of the company’s stock worth $327,000 after acquiring an additional 1,195 shares during the period. Finally, Summit Global Investments lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 1.5% during the 4th quarter. Summit Global Investments now owns 236,308 shares of the company’s stock worth $5,050,000 after acquiring an additional 3,566 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Trading Down 1.0%

NYSEARCA:EBND traded down $0.20 during mid-day trading on Friday, reaching $20.70. 1,418,641 shares of the stock were exchanged, compared to its average volume of 549,540. The company has a 50 day simple moving average of $21.55 and a 200-day simple moving average of $21.39. SPDR Bloomberg Emerging Markets Local Bond ETF has a 1 year low of $19.50 and a 1 year high of $21.94.

SPDR Bloomberg Emerging Markets Local Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were paid a $0.0909 dividend. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 5.3%.

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.