SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Update

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 439,502 shares, an increase of 100.4% from the June 30th total of 219,258 shares. Based on an average trading volume of 333,397 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.4% of the company’s stock are short sold.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

EBND opened at $20.87 on Wednesday. The company’s 50-day moving average is $20.86 and its 200 day moving average is $21.12. SPDR Bloomberg Emerging Markets Local Bond ETF has a fifty-two week low of $20.36 and a fifty-two week high of $21.94.

Institutional Investors Weigh In On SPDR Bloomberg Emerging Markets Local Bond ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in EBND. Jones Financial Companies Lllp boosted its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 279.4% in the 1st quarter. Jones Financial Companies Lllp now owns 1,859 shares of the company’s stock worth $37,000 after buying an additional 1,369 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 4.5% during the second quarter. JPMorgan Chase & Co. now owns 26,242 shares of the company’s stock worth $562,000 after acquiring an additional 1,133 shares during the period. NewEdge Advisors LLC lifted its holdings in SPDR Bloomberg Emerging Markets Local Bond ETF by 1.0% during the second quarter. NewEdge Advisors LLC now owns 85,757 shares of the company’s stock worth $1,835,000 after acquiring an additional 887 shares during the period. Ameriprise Financial Inc. boosted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 3.5% in the second quarter. Ameriprise Financial Inc. now owns 50,340 shares of the company’s stock worth $1,078,000 after purchasing an additional 1,713 shares during the last quarter. Finally, Bank of America Corp DE boosted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 29.9% in the second quarter. Bank of America Corp DE now owns 487,775 shares of the company’s stock worth $10,438,000 after purchasing an additional 112,149 shares during the last quarter.

About SPDR Bloomberg Emerging Markets Local Bond ETF

SPDR Barclays Emerging Markets Local Bond ETF (Fund) seeks to provide investment results that correspond to the price and yield performance of the Index that tracks the fixed-rate local currency sovereign debt of emerging market countries. The Index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. The Index includes government bonds issued by countries outside the United States, in local currencies, that have a remaining maturity of one year or more and are rated B3/B-/B- or higher using the middle rating of Moody’s Investor Service, Inc, Standard & Poor’s, Inc and Fitch Inc SSgA Funds Management, Inc serves as the investment adviser to the Fund.