Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Update

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 67,087 shares, an increase of 102.6% from the July 30th total of 33,113 shares. Based on an average daily volume of 24,917 shares, the days-to-cover ratio is presently 2.7 days. Currently, 0.6% of the shares of the company are sold short.

Global X Emerging Markets Bond ETF Price Performance

NYSEARCA EMBD traded down $0.10 on Friday, hitting $23.59. 8,042 shares of the company traded hands, compared to its average volume of 42,798. The business’s 50 day moving average price is $23.70 and its 200-day moving average price is $23.76. Global X Emerging Markets Bond ETF has a 52-week low of $23.15 and a 52-week high of $25.12.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in EMBD. Prudent Investors Network Inc. increased its holdings in Global X Emerging Markets Bond ETF by 17.4% in the 4th quarter. Prudent Investors Network Inc. now owns 2,112,367 shares of the company’s stock worth $50,718,000 after acquiring an additional 312,746 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in Global X Emerging Markets Bond ETF by 122.3% during the fourth quarter. Global Retirement Partners LLC now owns 64,285 shares of the company’s stock valued at $1,543,000 after purchasing an additional 35,363 shares in the last quarter. Gateway Wealth Partners LLC lifted its holdings in Global X Emerging Markets Bond ETF by 122.4% during the first quarter. Gateway Wealth Partners LLC now owns 210,712 shares of the company’s stock valued at $4,937,000 after purchasing an additional 115,966 shares in the last quarter. Flaharty Asset Management LLC boosted its position in shares of Global X Emerging Markets Bond ETF by 0.7% in the fourth quarter. Flaharty Asset Management LLC now owns 738,419 shares of the company’s stock worth $17,729,000 after purchasing an additional 5,073 shares during the period. Finally, 1620 Investment Advisors Inc. boosted its position in shares of Global X Emerging Markets Bond ETF by 4.6% in the fourth quarter. 1620 Investment Advisors Inc. now owns 17,350 shares of the company’s stock worth $417,000 after purchasing an additional 757 shares during the period.

About Global X Emerging Markets Bond ETF

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.