SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) Short Interest Down 67.3% in March

SPDR Bloomberg Emerging Markets USD Bond ETF (NYSEARCA:EMHC) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 12,608 shares, a drop of 67.3% from the February 26th total of 38,565 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 35,216 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 35,216 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

SPDR Bloomberg Emerging Markets USD Bond ETF Stock Performance

Shares of SPDR Bloomberg Emerging Markets USD Bond ETF stock traded up $0.21 during trading on Wednesday, reaching $24.92. The company’s stock had a trading volume of 797 shares, compared to its average volume of 32,784. The company has a 50-day moving average price of $25.44 and a two-hundred day moving average price of $25.44. SPDR Bloomberg Emerging Markets USD Bond ETF has a fifty-two week low of $22.84 and a fifty-two week high of $25.86.

SPDR Bloomberg Emerging Markets USD Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, March 5th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1184 per share. This represents a c) annualized dividend and a yield of 5.7%. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from SPDR Bloomberg Emerging Markets USD Bond ETF’s previous monthly dividend of $0.12.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EMHC. LPL Financial LLC boosted its stake in shares of SPDR Bloomberg Emerging Markets USD Bond ETF by 8.8% during the fourth quarter. LPL Financial LLC now owns 1,339,979 shares of the company’s stock worth $34,116,000 after buying an additional 108,657 shares during the period. Envestnet Portfolio Solutions Inc. increased its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 8.6% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 563,937 shares of the company’s stock valued at $14,358,000 after acquiring an additional 44,694 shares during the period. Envestnet Asset Management Inc. increased its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 17.2% in the 3rd quarter. Envestnet Asset Management Inc. now owns 560,232 shares of the company’s stock valued at $14,114,000 after acquiring an additional 82,362 shares during the period. Osaic Holdings Inc. raised its stake in SPDR Bloomberg Emerging Markets USD Bond ETF by 33.7% during the 2nd quarter. Osaic Holdings Inc. now owns 408,095 shares of the company’s stock valued at $10,006,000 after acquiring an additional 102,857 shares during the last quarter. Finally, Austin Private Wealth LLC lifted its position in SPDR Bloomberg Emerging Markets USD Bond ETF by 9.6% during the 4th quarter. Austin Private Wealth LLC now owns 332,887 shares of the company’s stock worth $8,475,000 after acquiring an additional 29,162 shares during the period.

SPDR Bloomberg Emerging Markets USD Bond ETF Company Profile

The SPDR Bloomberg Emerging Markets USD Bond ETF (EMHC) is an exchange-traded fund that is based on the Bloomberg Emerging USD Bond Core index. The fund tracks a broad market-value-weighted index of USD-denominated debt issued by sovereign and quasi-sovereign issuers from emerging markets. EMHC was launched on Apr 6, 2021 and is managed by State Street.