Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Short Interest Up 229.5% in July

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 24,657 shares, an increase of 229.5% from the June 30th total of 7,484 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 16,386 shares, the short-interest ratio is currently 1.5 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new stake in Global X Emerging Markets Bond ETF during the first quarter worth $2,315,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Global X Emerging Markets Bond ETF by 9.9% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 313,349 shares of the company’s stock valued at $7,307,000 after buying an additional 28,278 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Global X Emerging Markets Bond ETF in the 2nd quarter valued at $308,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Global X Emerging Markets Bond ETF in the 3rd quarter valued at $39,000. Finally, Good Steward Wealth Advisors LLC lifted its holdings in shares of Global X Emerging Markets Bond ETF by 17.0% during the 4th quarter. Good Steward Wealth Advisors LLC now owns 330,166 shares of the company’s stock worth $7,927,000 after acquiring an additional 48,086 shares during the period.

Global X Emerging Markets Bond ETF Stock Performance

Shares of EMBD stock remained flat at $23.57 during mid-day trading on Friday. The company’s stock had a trading volume of 16,626 shares, compared to its average volume of 46,917. Global X Emerging Markets Bond ETF has a 52 week low of $23.15 and a 52 week high of $25.12. The company has a 50 day moving average of $23.79 and a 200 day moving average of $23.83.

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.