Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Expands By 70.5%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 22,000 shares, a growth of 70.5% from the August 31st total of 12,900 shares. Based on an average daily trading volume, of 39,000 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 39,000 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Global X Emerging Markets Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of EMBD. SBI Securities Co. Ltd. increased its holdings in Global X Emerging Markets Bond ETF by 99.6% during the first quarter. SBI Securities Co. Ltd. now owns 1,405 shares of the company’s stock valued at $32,000 after buying an additional 701 shares during the period. Greenwood Capital Associates LLC purchased a new stake in shares of Global X Emerging Markets Bond ETF during the 2nd quarter worth $203,000. PFG Advisors boosted its position in Global X Emerging Markets Bond ETF by 15.5% during the first quarter. PFG Advisors now owns 11,717 shares of the company’s stock valued at $268,000 after purchasing an additional 1,574 shares in the last quarter. Brighton Jones LLC purchased a new position in Global X Emerging Markets Bond ETF in the second quarter valued at about $277,000. Finally, Raymond James Financial Inc. bought a new position in Global X Emerging Markets Bond ETF in the second quarter worth about $308,000.

Global X Emerging Markets Bond ETF Stock Down 0.2%

NYSEARCA:EMBD opened at $23.70 on Monday. Global X Emerging Markets Bond ETF has a 1-year low of $21.62 and a 1-year high of $24.01. The company has a 50-day moving average of $23.61 and a 200 day moving average of $23.12.

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.