WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Down 44.7% in August

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the target of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 20,842 shares, a decline of 44.7% from the July 30th total of 37,674 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily volume of 9,014 shares, the short-interest ratio is presently 2.3 days.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of NYSEARCA:EMMF traded down $0.10 during midday trading on Friday, hitting $38.35. The company had a trading volume of 7,098 shares, compared to its average volume of 16,725. WisdomTree Emerging Markets Multifactor Fund has a twelve month low of $29.33 and a twelve month high of $40.96. The stock has a market cap of $180.25 million, a price-to-earnings ratio of 12.96 and a beta of 0.59. The business’s 50-day simple moving average is $37.45 and its 200-day simple moving average is $36.47.

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

Large investors have recently added to or reduced their stakes in the stock. Gateway Wealth Partners LLC purchased a new position in shares of WisdomTree Emerging Markets Multifactor Fund during the 1st quarter worth $212,000. Osaic Holdings Inc. increased its position in WisdomTree Emerging Markets Multifactor Fund by 59.3% during the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock worth $366,000 after purchasing an additional 4,718 shares during the last quarter. JPMorgan Chase & Co. increased its position in WisdomTree Emerging Markets Multifactor Fund by 88,254.8% during the third 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 last quarter. Jane Street Group LLC acquired a new stake in WisdomTree Emerging Markets Multifactor Fund during the fourth quarter worth about $982,000. Finally, Stifel Financial Corp raised its stake in 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 worth $985,000 after purchasing an additional 1,189 shares during the period.

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.