SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND – Get Free Report) was the recipient of a large increase in short interest in April. As of April 30th, there was short interest totaling 188,887 shares, an increase of 118.3% from the April 15th total of 86,524 shares. Based on an average daily volume of 362,741 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s stock are short sold.
SPDR Bloomberg Emerging Markets Local Bond ETF Trading Down 1.1%
Shares of NYSEARCA EBND opened at $20.70 on Friday. The stock has a fifty day moving average price of $20.96 and a 200 day moving average price of $21.27. SPDR Bloomberg Emerging Markets Local Bond ETF has a 12-month low of $20.36 and a 12-month high of $21.94.
Hedge Funds Weigh In On SPDR Bloomberg Emerging Markets Local Bond ETF
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vicus Capital boosted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 300.5% in the 4th quarter. Vicus Capital now owns 43,164 shares of the company’s stock valued at $922,000 after buying an additional 32,387 shares during the last quarter. Valtinson Bruner Financial Planning LLC purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at about $1,407,000. NewSquare Capital LLC purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at about $7,756,000. Rakuten Investment Management Inc. purchased a new position in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at about $652,000. Finally, Prospera Financial Services Inc boosted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 135.0% in the 3rd quarter. Prospera Financial Services Inc now owns 135,070 shares of the company’s stock valued at $2,885,000 after buying an additional 77,583 shares during the last quarter.
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.
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