WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Update

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 9,335 shares, a drop of 55.2% from the August 15th total of 20,842 shares. Based on an average daily trading volume, of 11,843 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

WisdomTree Emerging Markets Multifactor Fund Stock Performance

Shares of WisdomTree Emerging Markets Multifactor Fund stock traded down $0.25 on Tuesday, reaching $37.50. 12,111 shares of the stock were exchanged, compared to its average volume of 16,302. The firm has a market cap of $176.25 million, a PE ratio of 12.96 and a beta of 0.60. The firm’s 50 day moving average is $37.50 and its 200-day moving average is $36.75. WisdomTree Emerging Markets Multifactor Fund has a one year low of $29.94 and a one year high of $40.96.

Institutional Investors Weigh In On WisdomTree Emerging Markets Multifactor Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gateway Wealth Partners LLC bought a new position in shares of WisdomTree Emerging Markets Multifactor Fund in the 1st quarter valued at $212,000. Greenwood Capital Associates LLC boosted its stake in WisdomTree Emerging Markets Multifactor Fund by 16.6% in the first quarter. Greenwood Capital Associates LLC now owns 43,523 shares of the company’s stock valued at $1,441,000 after buying an additional 6,197 shares in the last quarter. Welch Financial Planning LLC grew its position in WisdomTree Emerging Markets Multifactor Fund by 3.1% in the first quarter. Welch Financial Planning LLC now owns 123,040 shares of the company’s stock valued at $4,074,000 after acquiring an additional 3,653 shares during the last quarter. Tidemark LLC grew its position in WisdomTree Emerging Markets Multifactor Fund by 7.8% in the fourth quarter. Tidemark LLC now owns 245,585 shares of the company’s stock valued at $7,746,000 after acquiring an additional 17,736 shares during the last quarter. Finally, Trilogy Capital Inc. raised its stake in WisdomTree Emerging Markets Multifactor Fund by 5.6% during the first quarter. Trilogy Capital Inc. now owns 1,885,593 shares of the company’s stock worth $62,432,000 after acquiring an additional 99,540 shares in the last quarter.

WisdomTree Emerging Markets Multifactor Fund Company Profile

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.