WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Up 302.3% in July

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,397 shares, a growth of 302.3% from the June 30th total of 2,336 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 10,612 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the business. Osaic Holdings Inc. lifted its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% in the 2nd quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock valued at $366,000 after acquiring an additional 4,718 shares during the last quarter. JPMorgan Chase & Co. boosted 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 valued at $838,000 after buying an additional 27,359 shares during the period. BridgePort Financial Solutions LLC boosted its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 3.5% in the fourth quarter. BridgePort Financial Solutions LLC now owns 85,085 shares of the company’s stock valued at $2,684,000 after purchasing an additional 2,861 shares during the period. Trilogy Capital Inc. grew its position in shares of WisdomTree Emerging Markets Multifactor Fund by 1.5% during the 4th quarter. Trilogy Capital Inc. now owns 1,786,053 shares of the company’s stock worth $56,332,000 after buying an additional 27,070 shares in the last quarter. Finally, CWM LLC increased its position in WisdomTree Emerging Markets Multifactor Fund by 99.2% during the 4th quarter. CWM LLC now owns 249,687 shares of the company’s stock valued at $7,875,000 after purchasing an additional 124,372 shares during the period.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of NYSEARCA EMMF traded up $0.06 during mid-day trading on Monday, reaching $36.27. The company’s stock had a trading volume of 37,483 shares, compared to its average volume of 17,566. WisdomTree Emerging Markets Multifactor Fund has a 52 week low of $28.40 and a 52 week high of $40.96. The stock has a fifty day moving average of $38.18 and a two-hundred day moving average of $35.85. The firm has a market capitalization of $170.49 million, a PE ratio of 12.96 and a beta of 0.58.

About WisdomTree Emerging Markets Multifactor Fund

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.