SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Down 22.5% in December

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the recipient of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totaling 40,857 shares, a decrease of 22.5% from the December 15th total of 52,686 shares. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 23,875 shares, the days-to-cover ratio is presently 1.7 days. Based on an average daily trading volume, of 23,875 shares, the days-to-cover ratio is presently 1.7 days. Currently, 0.4% of the shares of the stock are sold short.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of NYSEARCA EMHC remained flat at $25.45 during trading on Friday. 19,833 shares of the company’s stock were exchanged, compared to its average volume of 35,194. SPDR Bloomberg Emerging Markets USD Bond ETF has a one year low of $22.84 and a one year high of $25.83. The business’s 50 day moving average is $25.52 and its 200 day moving average is $25.19.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Triumph Capital Management acquired a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 3rd quarter worth approximately $47,000. Bank of America Corp DE boosted its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 47.2% in the second quarter. Bank of America Corp DE now owns 3,317 shares of the company’s stock valued at $82,000 after acquiring an additional 1,063 shares during the last quarter. FWG Investments LLC. acquired a new stake in SPDR Bloomberg Emerging Markets USD Bond ETF during the 2nd quarter worth $216,000. Global Financial Private Client LLC bought a new stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF during the 3rd quarter valued at $216,000. Finally, KWB Wealth acquired a new position in shares of SPDR Bloomberg Emerging Markets USD Bond ETF in the 2nd quarter valued at $217,000.

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.