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

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 7,093 shares, a decrease of 59.5% from the August 31st total of 17,509 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 11,396 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of WisdomTree Emerging Markets Local Debt Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ELD. Trilogy Capital Inc. increased its position in shares of WisdomTree Emerging Markets Local Debt Fund by 1.5% during the second quarter. Trilogy Capital Inc. now owns 24,105 shares of the company’s stock worth $692,000 after purchasing an additional 351 shares in the last quarter. Moors & Cabot Inc. grew its stake in WisdomTree Emerging Markets Local Debt Fund by 7.0% during the 4th quarter. Moors & Cabot Inc. now owns 8,220 shares of the company’s stock worth $240,000 after buying an additional 537 shares during the last quarter. Harbour Investments Inc. increased its position in WisdomTree Emerging Markets Local Debt Fund by 11.4% during the fourth quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock worth $189,000 after buying an additional 664 shares during the period. Capital Analysts LLC lifted its stake in WisdomTree Emerging Markets Local Debt Fund by 5.0% in the second quarter. Capital Analysts LLC now owns 15,025 shares of the company’s stock valued at $431,000 after buying an additional 720 shares during the last quarter. Finally, Integrated Wealth Concepts LLC purchased a new stake in WisdomTree Emerging Markets Local Debt Fund in the second quarter valued at approximately $88,000.

WisdomTree Emerging Markets Local Debt Fund Price Performance

Shares of NYSEARCA ELD traded down $0.30 during midday trading on Monday, hitting $27.78. 22,039 shares of the company’s stock were exchanged, compared to its average volume of 38,741. The firm’s fifty day simple moving average is $28.72 and its 200-day simple moving average is $28.71. WisdomTree Emerging Markets Local Debt Fund has a twelve month low of $27.12 and a twelve month high of $30.29.

WisdomTree Emerging Markets Local Debt Fund Company Profile

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.