Templeton Emerging Markets Fund (NYSE:EMF) Short Interest Down 10.0% in March

Templeton Emerging Markets Fund (NYSE:EMF) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totalling 4,500 shares, a decrease of 10.0% from the March 15th total of 5,000 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Templeton Emerging Markets Fund

Hedge funds have recently bought and sold shares of the company. Raymond James & Associates acquired a new position in shares of Templeton Emerging Markets Fund in the 1st quarter valued at about $218,000. Cetera Advisor Networks LLC increased its stake in shares of Templeton Emerging Markets Fund by 22.7% in the 1st quarter. Cetera Advisor Networks LLC now owns 26,988 shares of the financial services provider’s stock valued at $371,000 after acquiring an additional 5,000 shares in the last quarter. City of London Investment Management Co. Ltd. lifted its holdings in shares of Templeton Emerging Markets Fund by 9.3% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 3,048,987 shares of the financial services provider’s stock worth $41,985,000 after purchasing an additional 259,177 shares in the last quarter. FCA Corp TX boosted its position in shares of Templeton Emerging Markets Fund by 0.7% during the first quarter. FCA Corp TX now owns 133,481 shares of the financial services provider’s stock valued at $1,835,000 after buying an additional 981 shares during the last quarter. Finally, UBS Group AG grew its holdings in Templeton Emerging Markets Fund by 19.7% during the third quarter. UBS Group AG now owns 15,080 shares of the financial services provider’s stock worth $156,000 after buying an additional 2,477 shares in the last quarter. Institutional investors own 49.86% of the company’s stock.

Templeton Emerging Markets Fund Stock Up 0.4 %

NYSE:EMF traded up $0.05 during trading hours on Wednesday, hitting $11.22. 96,533 shares of the company were exchanged, compared to its average volume of 28,580. The company has a fifty day simple moving average of $11.70 and a 200 day simple moving average of $11.49. Templeton Emerging Markets Fund has a one year low of $10.58 and a one year high of $12.67.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.