WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Up 300.9% in July

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 37,674 shares, an increase of 300.9% from the July 15th total of 9,397 shares. Based on an average daily trading volume, of 18,003 shares, the short-interest ratio is currently 2.1 days. Currently, 0.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of EMMF. Gateway Wealth Partners LLC bought a new stake in WisdomTree Emerging Markets Multifactor Fund during the first quarter worth about $212,000. Osaic Holdings Inc. boosted its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock valued at $366,000 after purchasing an additional 4,718 shares in the last quarter. United Advisor Group LLC boosted its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 149.3% in the 4th quarter. United Advisor Group LLC now owns 20,985 shares of the company’s stock valued at $662,000 after purchasing an additional 12,568 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 88,254.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,390 shares of the company’s stock valued at $838,000 after purchasing an additional 27,359 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in shares of WisdomTree Emerging Markets Multifactor Fund during the 4th quarter valued at approximately $982,000.

WisdomTree Emerging Markets Multifactor Fund Price Performance

NYSEARCA:EMMF traded up $0.04 during trading hours on Friday, reaching $37.96. 13,145 shares of the company were exchanged, compared to its average volume of 17,033. The business has a 50 day moving average of $37.61 and a 200 day moving average of $36.19. WisdomTree Emerging Markets Multifactor Fund has a 1-year low of $29.33 and a 1-year high of $40.96. The company has a market capitalization of $178.41 million, a P/E ratio of 12.96 and a beta of 0.59.

About WisdomTree Emerging Markets Multifactor Fund

The WisdomTree Emerging Markets Multifactor Fund (EMMF) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund that invests in emerging-market firms that score highly on multiple factors. It may hedge foreign currency exposure EMMF was launched on Aug 10, 2018 and is managed by WisdomTree.