Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Increases By 300.9%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 37,674 shares, an increase of 300.9% from the July 15th total of 9,397 shares. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 18,003 shares, the days-to-cover ratio is currently 2.1 days.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of NYSEARCA EMMF opened at $37.96 on Friday. The firm has a market capitalization of $178.41 million, a PE ratio of 12.96 and a beta of 0.59. WisdomTree Emerging Markets Multifactor Fund has a 1-year low of $29.33 and a 1-year high of $40.96. The business’s fifty day moving average price is $37.62 and its two-hundred day moving average price is $36.20.

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

Large investors have recently modified their holdings of the company. Stifel Financial Corp raised its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 4.0% during the fourth quarter. Stifel Financial Corp now owns 31,218 shares of the company’s stock valued at $985,000 after buying an additional 1,189 shares during the last quarter. Jane Street Group LLC acquired a new position in shares of WisdomTree Emerging Markets Multifactor Fund during the fourth quarter worth approximately $982,000. JPMorgan Chase & Co. grew its holdings 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 buying an additional 27,359 shares in the last quarter. Osaic Holdings Inc. grew its holdings in 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 worth $366,000 after buying an additional 4,718 shares in the last quarter. Finally, Gateway Wealth Partners LLC bought a new position in WisdomTree Emerging Markets Multifactor Fund in the 1st quarter worth approximately $212,000.

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.