Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Update

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 14,700 shares, a decrease of 33.2% from the September 15th total of 22,000 shares. Based on an average trading volume of 39,900 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 39,900 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. grew its stake in Global X Emerging Markets Bond ETF by 0.7% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,239,400 shares of the company’s stock worth $75,543,000 after buying an additional 22,000 shares during the last quarter. Prudent Investors Network Inc. grew its stake in Global X Emerging Markets Bond ETF by 39.7% during the 1st quarter. Prudent Investors Network Inc. now owns 1,608,612 shares of the company’s stock worth $36,749,000 after buying an additional 456,884 shares during the last quarter. Flaharty Asset Management LLC grew its stake in Global X Emerging Markets Bond ETF by 12.5% during the 1st quarter. Flaharty Asset Management LLC now owns 689,736 shares of the company’s stock worth $15,757,000 after buying an additional 76,584 shares during the last quarter. Barings LLC grew its stake in Global X Emerging Markets Bond ETF by 5.5% during the 2nd quarter. Barings LLC now owns 687,900 shares of the company’s stock worth $16,028,000 after buying an additional 36,000 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Global X Emerging Markets Bond ETF by 9.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 313,349 shares of the company’s stock worth $7,307,000 after buying an additional 28,278 shares during the last quarter.

Global X Emerging Markets Bond ETF Stock Performance

NYSEARCA:EMBD opened at $23.99 on Wednesday. The stock’s 50 day moving average price is $23.72 and its 200 day moving average price is $23.21. Global X Emerging Markets Bond ETF has a 52-week low of $21.62 and a 52-week high of $24.52.

Global X Emerging Markets Bond ETF Company Profile

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.