WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Down 56.4% in March

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,889 shares, a decrease of 56.4% from the February 26th total of 11,206 shares. Based on an average daily volume of 27,107 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

WisdomTree Emerging Markets Multifactor Fund Stock Performance

EMMF stock traded down $0.94 during trading on Thursday, reaching $32.51. 13,714 shares of the company traded hands, compared to its average volume of 19,790. The business has a 50 day simple moving average of $34.27 and a 200 day simple moving average of $32.33. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $23.93 and a 12 month high of $36.93. The company has a market capitalization of $146.30 million, a price-to-earnings ratio of 12.96 and a beta of 0.50.

WisdomTree Emerging Markets Multifactor Fund Dividend Announcement

The business also recently announced a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were paid a $0.0434 dividend. The ex-dividend date was Wednesday, December 31st.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. raised its position in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% during the 2nd quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock worth $366,000 after purchasing an additional 4,718 shares during the last quarter. United Advisor Group LLC increased its stake in WisdomTree Emerging Markets Multifactor Fund by 149.3% during the 4th quarter. United Advisor Group LLC now owns 20,985 shares of the company’s stock worth $662,000 after buying an additional 12,568 shares during the period. JPMorgan Chase & Co. grew its stake in WisdomTree Emerging Markets Multifactor Fund by 88,254.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 27,390 shares of the company’s stock worth $838,000 after purchasing an additional 27,359 shares in the last quarter. Greenwood Capital Associates LLC increased its position in shares of WisdomTree Emerging Markets Multifactor Fund by 20.4% in the 3rd quarter. Greenwood Capital Associates LLC now owns 29,058 shares of the company’s stock valued at $889,000 after purchasing an additional 4,916 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in shares of WisdomTree Emerging Markets Multifactor Fund during the 4th quarter worth about $982,000.

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.