Short Interest in Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) Drops By 94.5%

Global X Emerging Markets Bond ETF (NYSEARCA:EMBD) was the target of a large decline in short interest in May. As of May 15th, there was short interest totaling 531 shares, a decline of 94.5% from the April 30th total of 9,595 shares. Based on an average daily volume of 28,247 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Global X Emerging Markets Bond ETF Stock Performance

Shares of NYSEARCA:EMBD remained flat at $23.84 during trading hours on Thursday. 2,614 shares of the stock traded hands, compared to its average volume of 59,763. Global X Emerging Markets Bond ETF has a twelve month low of $22.67 and a twelve month high of $25.12. The company’s 50 day moving average is $23.65 and its two-hundred day moving average is $23.89.

Institutional Investors Weigh In On Global X Emerging Markets Bond ETF

Several large investors have recently modified their holdings of the business. Good Steward Wealth Advisors LLC grew its position in shares of Global X Emerging Markets Bond ETF by 17.0% in the 4th quarter. Good Steward Wealth Advisors LLC now owns 330,166 shares of the company’s stock worth $7,927,000 after buying an additional 48,086 shares during the last quarter. Thrivent Financial for Lutherans purchased a new position in shares of Global X Emerging Markets Bond ETF in the 3rd quarter worth approximately $1,097,000. Prudent Investors Network Inc. grew its position in shares of Global X Emerging Markets Bond ETF by 10.1% in the 3rd quarter. Prudent Investors Network Inc. now owns 1,799,621 shares of the company’s stock worth $42,813,000 after buying an additional 164,717 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Global X Emerging Markets Bond ETF by 315.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 214,817 shares of the company’s stock worth $5,110,000 after buying an additional 163,122 shares during the last quarter. Finally, Flaharty Asset Management LLC purchased a new position in shares of Global X Emerging Markets Bond ETF in the 3rd quarter worth approximately $17,446,000.

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.