WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Short Interest Update

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the recipient of a significant growth in short interest during the month of January. As of January 30th, there was short interest totaling 284,706 shares, a growth of 480.1% from the January 15th total of 49,082 shares. Currently, 9.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 101,713 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily trading volume, of 101,713 shares, the days-to-cover ratio is presently 2.8 days. Currently, 9.0% of the shares of the stock are sold short.

WisdomTree Emerging Markets Local Debt Fund Stock Performance

Shares of NYSEARCA:ELD traded up $0.01 during trading on Wednesday, reaching $30.00. The stock had a trading volume of 10,179 shares, compared to its average volume of 68,022. WisdomTree Emerging Markets Local Debt Fund has a 52 week low of $25.18 and a 52 week high of $30.18. The business’s 50-day moving average price is $29.34 and its 200 day moving average price is $28.83.

WisdomTree Emerging Markets Local Debt Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were paid a dividend of $0.145 per share. This represents a c) annualized dividend and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, January 27th.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in WisdomTree Emerging Markets Local Debt Fund during the 4th quarter worth about $29,000. Evolution Wealth Management Inc. acquired a new stake in WisdomTree Emerging Markets Local Debt Fund in the 2nd quarter valued at approximately $97,000. Harbour Investments Inc. lifted its stake in WisdomTree Emerging Markets Local Debt Fund by 16.9% in the 2nd quarter. Harbour Investments Inc. now owns 4,564 shares of the company’s stock valued at $128,000 after acquiring an additional 659 shares in the last quarter. Osaic Holdings Inc. boosted its position in WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the 2nd quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock worth $184,000 after acquiring an additional 6,349 shares during the last quarter. Finally, Smartleaf Asset Management LLC grew its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 6,702 shares of the company’s stock worth $192,000 after acquiring an additional 694 shares in the last quarter.

About WisdomTree Emerging Markets Local Debt Fund

The WisdomTree Emerging Markets Local Debt Fund (ELD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and invests in both investment- and non-investment-grade government and corporate bonds from emerging countries denominated in local currencies. ELD was launched on Aug 9, 2010 and is managed by WisdomTree.