Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Sees Significant Increase in Short Interest

Global X Emerging Markets Bond ETF (NYSEARCA:EMBDGet Free Report) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 108,721 shares, a growth of 62.1% from the August 15th total of 67,087 shares. Approximately 1.0% of the company’s stock are short sold. Based on an average trading volume of 15,714 shares, the short-interest ratio is currently 6.9 days.

Global X Emerging Markets Bond ETF Trading Up 0.6%

Shares of NYSEARCA:EMBD traded up $0.14 during trading on Thursday, hitting $23.30. The company’s stock had a trading volume of 22,605 shares, compared to its average volume of 41,342. Global X Emerging Markets Bond ETF has a fifty-two week low of $23.14 and a fifty-two week high of $25.12. The stock’s 50-day moving average price is $23.57 and its two-hundred day moving average price is $23.68.

Hedge Funds Weigh In On Global X Emerging Markets Bond ETF

A number of institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. bought a new position in shares of Global X Emerging Markets Bond ETF in the 1st quarter worth about $83,000. Flaharty Asset Management LLC grew its position in shares of Global X Emerging Markets Bond ETF by 0.7% during the 4th quarter. Flaharty Asset Management LLC now owns 738,419 shares of the company’s stock valued at $17,729,000 after buying an additional 5,073 shares during the last quarter. Cetera Investment Advisers raised its stake in Global X Emerging Markets Bond ETF by 27.2% during the first quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock worth $864,000 after acquiring an additional 7,886 shares during the period. Private Advisor Group LLC acquired a new stake in Global X Emerging Markets Bond ETF during the first quarter worth about $385,000. Finally, Greenwood Capital Associates LLC lifted its holdings in Global X Emerging Markets Bond ETF by 94.2% in the first quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock worth $889,000 after acquiring an additional 18,413 shares during the last quarter.

Global X Emerging Markets Bond ETF Company Profile

(Get Free Report)

The Global X Emerging Markets Bond ETF (EMBD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed to invest in broad emerging market bonds with any maturity. EMBD was launched on Jun 1, 2020 and is managed by Global X.

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