Templeton Emerging Markets Fund (NYSE:EMF) Sees Significant Growth in Short Interest

Templeton Emerging Markets Fund (NYSE:EMF) saw a large increase in short interest during the month of July. As of July 15th, there was short interest totalling 12,100 shares, an increase of 128.3% from the June 30th total of 5,300 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is currently 0.6 days.

Templeton Emerging Markets Fund Price Performance

Shares of Templeton Emerging Markets Fund stock traded up $0.11 during trading hours on Friday, reaching $12.43. 5,802 shares of the company’s stock were exchanged, compared to its average volume of 17,145. The business has a fifty day moving average of $12.44 and a two-hundred day moving average of $11.93. Templeton Emerging Markets Fund has a 1 year low of $10.58 and a 1 year high of $13.14.

Institutional Trading of Templeton Emerging Markets Fund

Large investors have recently bought and sold shares of the business. Advantage Trust Co acquired a new position in shares of Templeton Emerging Markets Fund during the 4th quarter worth approximately $29,000. Family Firm Inc. boosted its stake in Templeton Emerging Markets Fund by 2.3% during the first quarter. Family Firm Inc. now owns 211,049 shares of the financial services provider’s stock worth $2,520,000 after buying an additional 4,816 shares during the last quarter. Lazard Asset Management LLC grew its holdings in Templeton Emerging Markets Fund by 5.1% in the 1st quarter. Lazard Asset Management LLC now owns 124,332 shares of the financial services provider’s stock valued at $1,484,000 after buying an additional 6,027 shares in the last quarter. Calamos Advisors LLC increased its stake in shares of Templeton Emerging Markets Fund by 46.4% in the 2nd quarter. Calamos Advisors LLC now owns 24,768 shares of the financial services provider’s stock worth $306,000 after acquiring an additional 7,855 shares during the last quarter. Finally, Uncommon Cents Investing LLC raised its holdings in shares of Templeton Emerging Markets Fund by 23.6% during the 1st quarter. Uncommon Cents Investing LLC now owns 57,342 shares of the financial services provider’s stock worth $685,000 after acquiring an additional 10,940 shares during the period. Hedge funds and other institutional investors own 49.86% of the company’s stock.

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.