EMLC Paid Dividends for 16 Years, but Short Interest Surged 73%

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) offers a 6.09% yield that draws income-focused investors, particularly retirees hunting for yield above what U.S. Treasuries provide. But the headline number obscures a more complicated picture involving currency risk, capital erosion, and rising institutional skepticism. How EMLC Generates Its Income EMLC holds bonds issued by... EMLC Paid Dividends for 16 Years, but Short Interest Surged 73%