Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Expands By 180.9%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 5,869 shares, a growth of 180.9% from the May 31st total of 2,089 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 11,569 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

Large investors have recently modified their holdings of the stock. Prudent Investors Network Inc. grew its position in Global X Emerging Markets Bond ETF by 17.4% in the fourth quarter. Prudent Investors Network Inc. now owns 2,112,367 shares of the company’s stock valued at $50,718,000 after acquiring an additional 312,746 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its position in shares of Global X Emerging Markets Bond ETF by 315.5% during the third quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 214,817 shares of the company’s stock worth $5,110,000 after purchasing an additional 163,122 shares in the last quarter. Gateway Wealth Partners LLC boosted its stake in shares of 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 valued at $4,937,000 after purchasing an additional 115,966 shares during the period. Jane Street Group LLC acquired a new stake in Global X Emerging Markets Bond ETF during the 1st quarter valued at $2,315,000. Finally, OLD Mission Capital LLC acquired a new stake in Global X Emerging Markets Bond ETF during the 4th quarter valued at $1,894,000.

Global X Emerging Markets Bond ETF Stock Down 0.1%

Global X Emerging Markets Bond ETF stock traded down $0.03 during trading on Friday, reaching $23.92. 12,757 shares of the company’s stock were exchanged, compared to its average volume of 52,077. Global X Emerging Markets Bond ETF has a 52-week low of $23.02 and a 52-week high of $25.12. The company’s 50-day moving average is $23.82 and its two-hundred day moving average is $23.87.

Global X Emerging Markets Bond ETF Company Profile

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.