Templeton Emerging Markets Fund (NYSE:EMF) Short Interest Update

Templeton Emerging Markets Fund (NYSE:EMF) saw a significant growth in short interest in April. As of April 15th, there was short interest totalling 10,100 shares, a growth of 124.4% from the March 31st total of 4,500 shares. Based on an average daily volume of 25,600 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Investors Weigh In On Templeton Emerging Markets Fund

Institutional investors have recently added to or reduced their stakes in the stock. Uncommon Cents Investing LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 72.2% in the 3rd quarter. Uncommon Cents Investing LLC now owns 32,021 shares of the financial services provider’s stock worth $362,000 after acquiring an additional 13,426 shares in the last quarter. WealthShield Partners LLC acquired a new position in shares of Templeton Emerging Markets Fund in the 3rd quarter worth approximately $115,000. Wolverine Asset Management LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 149.8% in the 3rd quarter. Wolverine Asset Management LLC now owns 8,901 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 5,338 shares in the last quarter. AQR Arbitrage LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 46.8% in the 3rd quarter. AQR Arbitrage LLC now owns 39,250 shares of the financial services provider’s stock worth $444,000 after acquiring an additional 12,519 shares in the last quarter. Finally, Capital Investment Advisors LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 9.2% in the 4th quarter. Capital Investment Advisors LLC now owns 44,365 shares of the financial services provider’s stock worth $518,000 after acquiring an additional 3,740 shares in the last quarter. 49.86% of the stock is owned by institutional investors and hedge funds.

Templeton Emerging Markets Fund Stock Up 1.3 %

NYSE EMF traded up $0.15 during trading on Friday, reaching $11.74. 11,546 shares of the company traded hands, compared to its average volume of 28,873. The stock’s 50 day moving average price is $11.70 and its two-hundred day moving average price is $11.50. Templeton Emerging Markets Fund has a 1-year low of $10.58 and a 1-year high of $12.67.

About Templeton Emerging Markets Fund

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.