WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Sees Large Growth in Short Interest

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 9,397 shares, an increase of 302.3% from the June 30th total of 2,336 shares. Based on an average trading volume of 10,612 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the stock are short sold.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

A number of hedge funds have recently bought and sold shares of the business. Trilogy Capital Inc. grew its holdings in WisdomTree Emerging Markets Multifactor Fund by 5.6% in the first quarter. Trilogy Capital Inc. now owns 1,885,593 shares of the company’s stock valued at $62,432,000 after purchasing an additional 99,540 shares during the period. LPL Financial LLC raised its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 6.1% during the 4th quarter. LPL Financial LLC now owns 287,437 shares of the company’s stock worth $9,066,000 after buying an additional 16,557 shares during the period. CWM LLC raised its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 99.2% during the 4th quarter. CWM LLC now owns 249,687 shares of the company’s stock worth $7,875,000 after buying an additional 124,372 shares during the period. Tidemark LLC lifted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 7.8% during the 4th quarter. Tidemark LLC now owns 245,585 shares of the company’s stock valued at $7,746,000 after buying an additional 17,736 shares in the last quarter. Finally, Welch Financial Planning LLC lifted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 3.1% during the 1st quarter. Welch Financial Planning LLC now owns 123,040 shares of the company’s stock valued at $4,074,000 after buying an additional 3,653 shares in the last quarter.

WisdomTree Emerging Markets Multifactor Fund Stock Down 1.9%

Shares of NYSEARCA:EMMF traded down $0.70 during trading on Friday, reaching $36.22. 13,530 shares of the company’s stock traded hands, compared to its average volume of 17,424. WisdomTree Emerging Markets Multifactor Fund has a fifty-two week low of $28.40 and a fifty-two week high of $40.96. The firm has a market cap of $170.23 million, a PE ratio of 12.96 and a beta of 0.58. The company has a 50-day simple moving average of $38.18 and a 200-day simple moving average of $35.82.

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.