WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Sees Significant Growth in Short Interest

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) saw a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 3,551 shares, a growth of 89.0% from the June 30th total of 1,879 shares. Based on an average daily trading volume, of 4,995 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.2% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMCB. Schwallier Wealth Management LLC acquired a new stake in WisdomTree Emerging Markets Corporate Bond Fund during the 1st quarter worth about $1,602,000. LPL Financial LLC grew its holdings in WisdomTree Emerging Markets Corporate Bond Fund by 7.0% during the fourth quarter. LPL Financial LLC now owns 227,314 shares of the company’s stock worth $15,110,000 after acquiring an additional 14,893 shares during the period. UBS Group AG grew its holdings in WisdomTree Emerging Markets Corporate Bond Fund by 10.1% during the third quarter. UBS Group AG now owns 151,259 shares of the company’s stock worth $10,128,000 after acquiring an additional 13,898 shares during the period. Integrated Wealth Concepts LLC raised its position in WisdomTree Emerging Markets Corporate Bond Fund by 5.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 179,345 shares of the company’s stock valued at $11,921,000 after acquiring an additional 9,773 shares in the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in WisdomTree Emerging Markets Corporate Bond Fund by 256.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 11,464 shares of the company’s stock valued at $762,000 after acquiring an additional 8,246 shares in the last quarter.

WisdomTree Emerging Markets Corporate Bond Fund Stock Performance

NASDAQ EMCB traded down $0.11 on Friday, hitting $65.64. 1,485 shares of the company’s stock traded hands, compared to its average volume of 5,656. The firm’s 50-day moving average price is $66.19 and its two-hundred day moving average price is $66.47. WisdomTree Emerging Markets Corporate Bond Fund has a 1-year low of $64.58 and a 1-year high of $70.07.

About WisdomTree Emerging Markets Corporate Bond Fund

The WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF with a focus on investment- and non-investment-grade corporate debt of emerging-market countries. The fund manager may invest using derivatives. EMCB was launched on Mar 8, 2012 and is managed by WisdomTree.