Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Rises By 22.6%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totaling 5,913 shares, a growth of 22.6% from the December 15th total of 4,824 shares. Currently, 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 19,004 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 19,004 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are short sold.

WisdomTree Emerging Markets Local Debt Fund Price Performance

Shares of NYSEARCA:ELD traded down $0.04 during midday trading on Monday, hitting $29.34. The stock had a trading volume of 43,596 shares, compared to its average volume of 26,754. The company’s 50-day moving average price is $29.00 and its 200-day moving average price is $28.63. WisdomTree Emerging Markets Local Debt Fund has a fifty-two week low of $25.18 and a fifty-two week high of $29.94.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

A number of large investors have recently modified their holdings of the business. Net Worth Advisory Group grew its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 5.6% during the 4th quarter. Net Worth Advisory Group now owns 12,612 shares of the company’s stock valued at $368,000 after purchasing an additional 667 shares during the last quarter. Elmwood Wealth Management Inc. lifted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 7.0% in the 4th quarter. Elmwood Wealth Management Inc. now owns 120,838 shares of the company’s stock valued at $3,528,000 after acquiring an additional 7,885 shares during the last quarter. Susquehanna International Group LLP boosted its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 2.4% during the 3rd quarter. Susquehanna International Group LLP now owns 24,656 shares of the company’s stock valued at $709,000 after acquiring an additional 577 shares in the last quarter. Moors & Cabot Inc. grew its position in WisdomTree Emerging Markets Local Debt Fund by 6.3% during the 3rd quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock worth $221,000 after acquiring an additional 454 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in WisdomTree Emerging Markets Local Debt Fund by 2.7% in the 3rd quarter. Bank of America Corp DE now owns 247,756 shares of the company’s stock worth $7,122,000 after purchasing an additional 6,543 shares in the last quarter.

WisdomTree Emerging Markets Local Debt Fund Company Profile

The WisdomTree Emerging Markets Local Debt Fund (ELD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and invests in both investment- and non-investment-grade government and corporate bonds from emerging countries denominated in local currencies. ELD was launched on Aug 9, 2010 and is managed by WisdomTree.