Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Sees Significant Increase in Short Interest

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 108,721 shares, an increase of 62.1% from the August 15th total of 67,087 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 15,714 shares, the days-to-cover ratio is presently 6.9 days.

Global X Emerging Markets Bond ETF Stock Up 0.6%

Shares of NYSEARCA:EMBD traded up $0.14 during trading on Thursday, reaching $23.30. 22,605 shares of the stock were exchanged, compared to its average volume of 41,342. Global X Emerging Markets Bond ETF has a 12-month low of $23.14 and a 12-month high of $25.12. The firm’s 50-day moving average price is $23.57 and its 200 day moving average price is $23.68.

Hedge Funds Weigh In On Global X Emerging Markets Bond ETF

A number of hedge funds have recently made changes to their positions in the business. Flaharty Asset Management LLC boosted its position in Global X Emerging Markets Bond ETF by 0.7% during the 4th 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. Gateway Wealth Partners LLC grew its position in 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 acquiring an additional 115,966 shares in the last quarter. Global Retirement Partners LLC grew its position in Global X Emerging Markets Bond ETF by 122.3% in the fourth quarter. Global Retirement Partners LLC now owns 64,285 shares of the company’s stock valued at $1,543,000 after acquiring an additional 35,363 shares in the last quarter. Greenwood Capital Associates LLC raised its stake in shares of 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 purchasing an additional 18,413 shares during the period. Finally, Cetera Investment Advisers lifted its position in shares of 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 worth $864,000 after purchasing an additional 7,886 shares in the last quarter.

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.