Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Up 62.1% in August

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 108,721 shares, an increase of 62.1% from the August 15th total of 67,087 shares. Based on an average daily volume of 15,714 shares, the days-to-cover ratio is presently 6.9 days. Currently, 1.0% of the shares of the stock are sold short.

Institutional Trading of Global X Emerging Markets Bond ETF

A number of large investors have recently made changes to their positions in EMBD. Gateway Wealth Partners LLC grew its position in Global X Emerging Markets Bond ETF by 122.4% in the first quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock worth $4,937,000 after acquiring an additional 115,966 shares in the last quarter. Cetera Investment Advisers raised its position in Global X Emerging Markets Bond ETF by 27.2% during the first quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock valued at $864,000 after purchasing an additional 7,886 shares during the period. Geneos Wealth Management Inc. purchased a new stake in Global X Emerging Markets Bond ETF during the first quarter valued at approximately $83,000. Greenwood Capital Associates LLC lifted its stake in shares of Global X Emerging Markets Bond ETF by 94.2% in the 1st quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock valued at $889,000 after purchasing an additional 18,413 shares during the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of Global X Emerging Markets Bond ETF in the 1st quarter valued at approximately $385,000.

Global X Emerging Markets Bond ETF Stock Up 0.6%

Global X Emerging Markets Bond ETF stock opened at $23.30 on Friday. The firm’s fifty day moving average is $23.56 and its 200 day moving average is $23.67. Global X Emerging Markets Bond ETF has a 52-week low of $23.14 and a 52-week high of $25.12.

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.