SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) Short Interest Down 41.1% in August

SPDR Bloomberg Emerging Markets Local Bond ETF (NYSEARCA:EBND) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 215,411 shares, a decrease of 41.1% from the August 15th total of 365,848 shares. Based on an average daily volume of 187,347 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the shares of the company are short sold.

SPDR Bloomberg Emerging Markets Local Bond ETF Price Performance

Shares of NYSEARCA:EBND traded down $0.09 during trading hours on Wednesday, hitting $20.72. The stock had a trading volume of 203,843 shares, compared to its average volume of 382,643. The stock’s fifty day simple moving average is $21.00 and its 200 day simple moving average is $20.97. SPDR Bloomberg Emerging Markets Local Bond ETF has a 1-year low of $20.36 and a 1-year high of $21.94.

Institutional Trading of SPDR Bloomberg Emerging Markets Local Bond ETF

Large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its position in SPDR Bloomberg Emerging Markets Local Bond ETF by 64.5% during the 1st quarter. Bank of America Corp DE now owns 1,066,926 shares of the company’s stock worth $22,021,000 after acquiring an additional 418,352 shares during the period. Envestnet Portfolio Solutions Inc. grew its stake in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 0.4% in the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 772,574 shares of the company’s stock worth $16,510,000 after purchasing an additional 3,084 shares in the last quarter. Avos Capital Management LLC increased its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 6.3% during the second quarter. Avos Capital Management LLC now owns 399,715 shares of the company’s stock valued at $8,362,000 after purchasing an additional 23,668 shares during the period. Sax Wealth Advisors LLC increased its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 6.6% during the second quarter. Sax Wealth Advisors LLC now owns 370,565 shares of the company’s stock valued at $7,648,000 after purchasing an additional 22,908 shares during the period. Finally, Valmark Advisers Inc. increased its holdings in shares of SPDR Bloomberg Emerging Markets Local Bond ETF by 10.3% during the first quarter. Valmark Advisers Inc. now owns 318,161 shares of the company’s stock valued at $6,567,000 after purchasing an additional 29,738 shares during the period.

SPDR Bloomberg Emerging Markets Local Bond ETF Company Profile

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.