State Street DoubleLine Emerging Markets Fixed Income ETF (BATS:EMTL – Get Free Report) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 42,322 shares, a growth of 79.0% from the May 14th total of 23,645 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily trading volume, of 16,172 shares, the days-to-cover ratio is presently 2.6 days.
Hedge Funds Weigh In On State Street DoubleLine Emerging Markets Fixed Income ETF
Institutional investors have recently modified their holdings of the business. Root Financial Partners LLC acquired a new position in shares of State Street DoubleLine Emerging Markets Fixed Income ETF in the 1st quarter valued at $35,000. JPMorgan Chase & Co. acquired a new position in shares of State Street DoubleLine Emerging Markets Fixed Income ETF in the 2nd quarter valued at $653,000. Finally, Bank of New York Mellon Corp increased its holdings in shares of State Street DoubleLine Emerging Markets Fixed Income ETF by 22.3% in the 1st quarter. Bank of New York Mellon Corp now owns 314,952 shares of the company’s stock valued at $13,404,000 after acquiring an additional 57,393 shares during the period.
State Street DoubleLine Emerging Markets Fixed Income ETF Stock Performance
Shares of BATS:EMTL opened at $42.69 on Monday. State Street DoubleLine Emerging Markets Fixed Income ETF has a twelve month low of $42.31 and a twelve month high of $44.08. The firm has a 50 day simple moving average of $42.77 and a 200-day simple moving average of $43.05.
About State Street DoubleLine Emerging Markets Fixed Income ETF
The SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and has broad capabilities to invest in investment grade and high-yield emerging market debt. EMTL was launched on Apr 13, 2016 and is managed by State Street.
Read More
- Five stocks we like better than State Street DoubleLine Emerging Markets Fixed Income ETF
- 3 ETFs Giving Ready-Made Access to the Discounted International Small-Cap Space
- What to Expect From Q2 Earnings as Tech Strength Broadens
- Viasat’s Orbiting Profits: Space Force Jackpot?
- Robinhood Wants a Bigger Role in IPOs—Here’s Why It Matters
Receive News & Ratings for State Street DoubleLine Emerging Markets Fixed Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for State Street DoubleLine Emerging Markets Fixed Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
