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

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 60,141 shares, a drop of 44.7% from the August 31st total of 108,721 shares. Based on an average daily trading volume, of 24,623 shares, the days-to-cover ratio is currently 2.4 days. Currently, 0.6% of the company’s shares are short sold.

Institutional Trading of Global X Emerging Markets Bond ETF

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

Global X Emerging Markets Bond ETF Stock Down 0.7%

Shares of EMBD stock traded down $0.17 during trading hours on Wednesday, reaching $22.57. 28,397 shares of the stock traded hands, compared to its average volume of 40,840. Global X Emerging Markets Bond ETF has a 1-year low of $22.57 and a 1-year high of $25.12. The business has a fifty day moving average price of $23.44 and a 200 day moving average price of $23.62.

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.