Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Sees Significant Increase in Short Interest

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 67,087 shares, an increase of 102.6% from the July 30th total of 33,113 shares. Currently, 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 24,917 shares, the short-interest ratio is currently 2.7 days.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

Several hedge funds and other institutional investors have recently bought and sold shares of EMBD. 1620 Investment Advisors Inc. raised its position in shares of Global X Emerging Markets Bond ETF by 4.6% in the 4th quarter. 1620 Investment Advisors Inc. now owns 17,350 shares of the company’s stock valued at $417,000 after purchasing an additional 757 shares in the last quarter. Northwestern Mutual Wealth Management Co. acquired a new stake in Global X Emerging Markets Bond ETF during the third quarter valued at approximately $39,000. Geneos Wealth Management Inc. acquired a new stake in Global X Emerging Markets Bond ETF during the first quarter valued at approximately $83,000. Gateway Wealth Partners LLC lifted its holdings in Global X Emerging Markets Bond ETF by 5.0% during the 4th quarter. Gateway Wealth Partners LLC now owns 94,746 shares of the company’s stock worth $2,275,000 after buying an additional 4,494 shares during the last quarter. Finally, Flaharty Asset Management LLC grew its position in shares of Global X Emerging Markets Bond ETF by 0.7% in the 4th quarter. Flaharty Asset Management LLC now owns 738,419 shares of the company’s stock worth $17,729,000 after acquiring an additional 5,073 shares in the last quarter.

Global X Emerging Markets Bond ETF Stock Performance

Shares of Global X Emerging Markets Bond ETF stock opened at $23.59 on Friday. Global X Emerging Markets Bond ETF has a 1-year low of $23.15 and a 1-year high of $25.12. The business has a 50-day moving average of $23.70 and a 200-day moving average of $23.76.

About Global X Emerging Markets Bond ETF

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.