SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Down 49.1% in January

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 506,332 shares, a decline of 49.1% from the January 15th total of 994,486 shares. Approximately 0.5% of the shares of the stock are short sold. Based on an average trading volume of 414,780 shares, the short-interest ratio is presently 1.2 days. Based on an average trading volume of 414,780 shares, the short-interest ratio is presently 1.2 days. Approximately 0.5% of the shares of the stock are short sold.

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

A number of large investors have recently added to or reduced their stakes in the business. Empower Advisory Group LLC grew its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 3.8% during the second quarter. Empower Advisory Group LLC now owns 24,148,386 shares of the company’s stock valued at $516,775,000 after buying an additional 876,462 shares during the last quarter. Comerica Bank boosted its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 17,042.9% during the 4th quarter. Comerica Bank now owns 861,772 shares of the company’s stock valued at $18,416,000 after acquiring an additional 856,745 shares during the period. LPL Financial LLC increased its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 2.2% in the 4th quarter. LPL Financial LLC now owns 853,429 shares of the company’s stock worth $18,238,000 after purchasing an additional 18,067 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 0.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 772,574 shares of the company’s stock valued at $16,510,000 after purchasing an additional 3,084 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 10.7% during the third quarter. Bank of America Corp DE now owns 539,971 shares of the company’s stock valued at $11,534,000 after purchasing an additional 52,196 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of EBND traded up $0.05 during midday trading on Thursday, reaching $21.84. The stock had a trading volume of 467,308 shares, compared to its average volume of 499,881. The company’s 50-day moving average is $21.46 and its 200 day moving average is $21.34. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12-month low of $19.50 and a 12-month high of $21.88.

SPDR Bloomberg Emerging Markets Local Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 5th. Stockholders of record on Monday, February 2nd were issued a $0.1028 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date was Monday, February 2nd. This is a positive change from SPDR Bloomberg Emerging Markets Local Bond ETF’s previous monthly dividend of $0.10.

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.