WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Up 198.8% in January

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a large increase in short interest in January. As of January 15th, there was short interest totaling 18,077 shares, an increase of 198.8% from the December 31st total of 6,050 shares. Based on an average daily trading volume, of 14,312 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.4% of the shares of the stock are sold short. Currently, 0.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 14,312 shares, the days-to-cover ratio is currently 1.3 days.

WisdomTree Emerging Markets Multifactor Fund Trading Down 1.5%

WisdomTree Emerging Markets Multifactor Fund stock traded down $0.53 during mid-day trading on Friday, hitting $33.97. The stock had a trading volume of 13,057 shares, compared to its average volume of 14,338. WisdomTree Emerging Markets Multifactor Fund has a one year low of $23.93 and a one year high of $36.93. The firm has a market capitalization of $152.87 million, a P/E ratio of 12.96 and a beta of 0.50. The firm’s 50 day moving average is $32.30 and its 200 day moving average is $30.98.

WisdomTree Emerging Markets Multifactor Fund Dividend Announcement

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in EMMF. Osaic Holdings Inc. raised its holdings in 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 valued at $366,000 after buying an additional 4,718 shares during the period. Resolute Wealth Strategies LLC lifted its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 18.9% in the 2nd quarter. Resolute Wealth Strategies LLC now owns 14,924 shares of the company’s stock worth $431,000 after acquiring an additional 2,370 shares during the last quarter. United Advisor Group LLC boosted its stake in shares of 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 purchasing an additional 12,568 shares during the period. Greenwood Capital Associates LLC grew its holdings in WisdomTree Emerging Markets Multifactor Fund by 44.8% during the 2nd quarter. Greenwood Capital Associates LLC now owns 24,142 shares of the company’s stock valued at $697,000 after purchasing an additional 7,470 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in WisdomTree Emerging Markets Multifactor Fund by 88,254.8% in 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 during the period.

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.