WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) Sees Large Decrease in Short Interest

WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) was the recipient of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 2,841 shares, a decrease of 90.4% from the February 12th total of 29,709 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 4,865 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 4,865 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.3% of the shares of the stock are sold short.

WisdomTree Emerging Markets Efficient Core Fund Stock Performance

Shares of NTSE traded up $0.13 during mid-day trading on Tuesday, reaching $41.41. The company had a trading volume of 6,435 shares, compared to its average volume of 12,446. The company has a market capitalization of $45.55 million, a price-to-earnings ratio of 13.27 and a beta of 0.75. The company’s 50 day simple moving average is $41.35 and its 200 day simple moving average is $38.45. WisdomTree Emerging Markets Efficient Core Fund has a 1-year low of $26.12 and a 1-year high of $44.70.

Hedge Funds Weigh In On WisdomTree Emerging Markets Efficient Core Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC acquired a new stake in WisdomTree Emerging Markets Efficient Core Fund in the fourth quarter valued at approximately $117,000. Fermata Advisors LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the fourth quarter worth $209,000. Jane Street Group LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the first quarter worth $373,000. Citadel Advisors LLC bought a new position in shares of WisdomTree Emerging Markets Efficient Core Fund in the 3rd quarter valued at $619,000. Finally, Drive Wealth Management LLC lifted its stake in shares of WisdomTree Emerging Markets Efficient Core Fund by 5.6% in the 3rd quarter. Drive Wealth Management LLC now owns 18,469 shares of the company’s stock valued at $669,000 after acquiring an additional 987 shares during the last quarter.

WisdomTree Emerging Markets Efficient Core Fund Company Profile

The WisdomTree Emerging Markets Efficient Core Fund (NTSE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of Emerging market equities and US Treasury futures contracts. NTSE was launched on May 20, 2021 and is managed by WisdomTree.