Short Interest in SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Grows By 106.6%

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 390,191 shares, a growth of 106.6% from the April 30th total of 188,887 shares. Based on an average daily volume of 290,079 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.4% of the company’s stock are sold short.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. State Street Corp increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 1.6% during the fourth quarter. State Street Corp now owns 2,527,233 shares of the company’s stock worth $54,007,000 after acquiring an additional 40,984 shares during the last quarter. Bank of America Corp DE increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 64.5% during the first quarter. Bank of America Corp DE now owns 1,066,926 shares of the company’s stock worth $22,021,000 after acquiring an additional 418,352 shares during the last quarter. Comerica Bank increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 17,042.9% during the fourth quarter. Comerica Bank now owns 861,772 shares of the company’s stock worth $18,416,000 after acquiring an additional 856,745 shares during the last quarter. LPL Financial LLC increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 2.2% during the fourth quarter. LPL Financial LLC now owns 853,429 shares of the company’s stock worth $18,238,000 after acquiring an additional 18,067 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 0.4% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 772,574 shares of the company’s stock worth $16,510,000 after acquiring an additional 3,084 shares during the last quarter.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

NYSEARCA:EBND opened at $21.02 on Monday. The business’s 50-day moving average is $20.93 and its two-hundred day moving average is $21.24. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12 month low of $20.36 and a 12 month high of $21.94.

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.