Short Interest in SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Rises By 363.1%

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the recipient of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 334,182 shares, a growth of 363.1% from the June 15th total of 72,163 shares. Based on an average daily trading volume, of 70,793 shares, the days-to-cover ratio is presently 4.7 days. Currently, 3.0% of the company’s shares are sold short.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Up 0.0%

Shares of EMHC traded up $0.01 during trading hours on Friday, hitting $25.26. The company had a trading volume of 35,272 shares, compared to its average volume of 37,123. SPDR Bloomberg Emerging Markets USD Bond ETF has a 52-week low of $24.27 and a 52-week high of $25.86. The stock’s 50 day moving average price is $25.27 and its 200 day moving average price is $25.32.

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

A number of large investors have recently bought and sold shares of the stock. Hobart Private Capital LLC boosted its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 0.8% during the 4th quarter. Hobart Private Capital LLC now owns 62,462 shares of the company’s stock valued at $1,590,000 after buying an additional 487 shares during the period. RFG Advisory LLC increased its position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 1.5% in the first quarter. RFG Advisory LLC now owns 36,998 shares of the company’s stock valued at $918,000 after acquiring an additional 549 shares during the period. Lockerman Financial Group Inc. raised its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 4.6% during the fourth quarter. Lockerman Financial Group Inc. now owns 18,024 shares of the company’s stock valued at $459,000 after acquiring an additional 791 shares during the last quarter. Novus Advisors LLC raised its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 2.6% during the fourth quarter. Novus Advisors LLC now owns 33,071 shares of the company’s stock valued at $842,000 after acquiring an additional 840 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 1.8% during the fourth quarter. Signal Advisors Wealth LLC now owns 52,363 shares of the company’s stock valued at $1,333,000 after acquiring an additional 933 shares during the last quarter.

About SPDR Bloomberg Emerging Markets USD Bond ETF

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.