SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Stock Short Interest Report for September

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 391,760 shares, a growth of 91.2% from the September 15th total of 204,886 shares. Approximately 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 312,174 shares, the days-to-cover ratio is presently 1.3 days.

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

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Western Wealth Management LLC purchased a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the 1st quarter worth about $29,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the fourth quarter worth about $60,000. Root Financial Partners LLC boosted its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 272.2% during the first quarter. Root Financial Partners LLC now owns 2,996 shares of the company’s stock valued at $62,000 after buying an additional 2,191 shares during the period. Fifth Third Bancorp boosted its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 313.6% during the first quarter. Fifth Third Bancorp now owns 6,283 shares of the company’s stock valued at $130,000 after buying an additional 4,764 shares during the period. Finally, CoreCap Advisors LLC grew its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 400.1% during the third quarter. CoreCap Advisors LLC now owns 7,021 shares of the company’s stock valued at $145,000 after buying an additional 5,617 shares during the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Stock Down 0.1%

Shares of NYSEARCA EBND traded down $0.03 during mid-day trading on Wednesday, hitting $20.64. 284,364 shares of the company’s stock traded hands, compared to its average volume of 380,100. SPDR Bloomberg Emerging Markets Local Bond ETF has a 1 year low of $20.36 and a 1 year high of $21.94. The company’s 50-day moving average is $20.93 and its two-hundred day moving average is $20.92.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

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.