(NASDAQ:EDBI) shares saw light trading volume with 124 shares changing hands in the last trading session. Shares saw a steep decrease in trading volume of 91.47% under the normal average daily volume. Traders are a little more bearish on Legg Mason Emerging Markets Div recently if you take note of the uptick in short interest. The firm had a rise in short interest from September 29, 2017 to October 13, 2017 of 127.36%. Short shares grew from 742 to 1,687 over that period.
These funds have shifted positions in (EDBI). As of the end of the quarter Bank Of America Corp /de/ had bought 20,590 shares growing its stake by 27.3%. The value of the investment in EDBI went from $2,166,000 to $2,901,000 a change of 33.9% quarter to quarter. As of quarter end Jane Street Group, LLC had acquired a total of 275,791 shares growing its holdings by 2,849.1%. The value in dollars increased from $279,000 to $8,638,000 a change of $8,359,000 quarter over quarter.
The company is now unchanged since yesterday’s close of $32.60. The stock last traded at $32.60 marginally over the 50 day moving average of $32.53 and just a bit higher than the 200 day moving average of $31.06. The 50 day moving average was up by +0.23% and the 200 day average went up $1.54 or +4.97%.Advertisement