Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Increases By 180.9%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,869 shares, an increase of 180.9% from the May 31st total of 2,089 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 11,569 shares, the short-interest ratio is presently 0.5 days.

Institutional Trading of Global X Emerging Markets Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Gateway Wealth Partners LLC increased its stake in shares of Global X Emerging Markets Bond ETF by 122.4% in the 1st quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock worth $4,937,000 after acquiring an additional 115,966 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Global X Emerging Markets Bond ETF by 27.2% during the 1st quarter. Cetera Investment Advisers now owns 36,885 shares of the company’s stock valued at $864,000 after acquiring an additional 7,886 shares during the last quarter. Geneos Wealth Management Inc. acquired a new position in shares of Global X Emerging Markets Bond ETF during the 1st quarter valued at about $83,000. Greenwood Capital Associates LLC boosted its position in shares of Global X Emerging Markets Bond ETF by 94.2% during the 1st quarter. Greenwood Capital Associates LLC now owns 37,963 shares of the company’s stock valued at $889,000 after acquiring an additional 18,413 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new stake in shares of Global X Emerging Markets Bond ETF in the first quarter valued at about $385,000.

Global X Emerging Markets Bond ETF Price Performance

Shares of EMBD stock traded down $0.05 during trading hours on Tuesday, reaching $23.94. The company had a trading volume of 6,401 shares, compared to its average volume of 51,354. The stock has a fifty day moving average of $23.82 and a 200-day moving average of $23.87. Global X Emerging Markets Bond ETF has a 12-month low of $23.02 and a 12-month high of $25.12.

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.