SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Down 49.1% in January

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 506,332 shares, a decline of 49.1% from the January 15th total of 994,486 shares. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 414,780 shares, the short-interest ratio is presently 1.2 days. Based on an average trading volume of 414,780 shares, the short-interest ratio is presently 1.2 days. Currently, 0.5% of the company’s stock are sold short.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of EBND traded up $0.02 during mid-day trading on Friday, hitting $21.83. 765,013 shares of the company’s stock were exchanged, compared to its average volume of 515,564. SPDR Bloomberg Emerging Markets Local Bond ETF has a 52 week low of $19.50 and a 52 week high of $21.88. The company has a 50-day simple moving average of $21.48 and a 200 day simple moving average of $21.35.

SPDR Bloomberg Emerging Markets Local Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, February 5th. Investors of record on Monday, February 2nd were given a $0.1028 dividend. This represents a c) dividend on an annualized basis and a yield of 5.7%. This is an increase from SPDR Bloomberg Emerging Markets Local Bond ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, February 2nd.

Institutional Investors 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 business. D.A. Davidson & CO. acquired a new stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF in the third quarter valued at approximately $577,000. Cetera Investment Advisers increased its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 10.3% during the 2nd quarter. Cetera Investment Advisers now owns 86,875 shares of the company’s stock worth $1,859,000 after acquiring an additional 8,097 shares during the last quarter. Osaic Holdings Inc. raised its stake in SPDR Bloomberg Emerging Markets Local Bond ETF by 343.7% in the 2nd quarter. Osaic Holdings Inc. now owns 76,668 shares of the company’s stock valued at $1,578,000 after acquiring an additional 59,387 shares during the period. Valtinson Bruner Financial Planning LLC bought a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF in the 3rd quarter valued at $1,407,000. Finally, Prospera Financial Services Inc acquired a new stake in SPDR Bloomberg Emerging Markets Local Bond ETF during the 2nd quarter valued at $1,230,000.

About SPDR Bloomberg Emerging Markets Local Bond ETF

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.