WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Short Interest Update

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 7,093 shares, a drop of 59.5% from the August 31st total of 17,509 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 11,396 shares, the short-interest ratio is presently 0.6 days.

WisdomTree Emerging Markets Local Debt Fund Stock Performance

Shares of ELD traded down $0.30 during midday trading on Monday, hitting $27.78. The company had a trading volume of 22,039 shares, compared to its average volume of 38,741. The company’s 50-day simple moving average is $28.72 and its 200-day simple moving average is $28.71. WisdomTree Emerging Markets Local Debt Fund has a 1 year low of $27.12 and a 1 year high of $30.29.

Institutional Trading of WisdomTree Emerging Markets Local Debt Fund

Several hedge funds have recently added to or reduced their stakes in ELD. Foster & Motley Inc. acquired a new position in WisdomTree Emerging Markets Local Debt Fund during the 2nd quarter worth approximately $9,692,000. Bank of America Corp DE raised its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 3.4% in the 1st quarter. Bank of America Corp DE now owns 292,690 shares of the company’s stock valued at $8,143,000 after purchasing an additional 9,581 shares in the last quarter. Elmwood Wealth Management Inc. lifted its position in shares of WisdomTree Emerging Markets Local Debt Fund by 3.0% during the 2nd quarter. Elmwood Wealth Management Inc. now owns 146,261 shares of the company’s stock worth $4,198,000 after purchasing an additional 4,205 shares during the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the 1st quarter worth $3,118,000. Finally, Kestra Advisory Services LLC grew its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 13,401.9% during the first quarter. Kestra Advisory Services LLC now owns 94,513 shares of the company’s stock worth $2,629,000 after purchasing an additional 93,813 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.