Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Declines By 36.1%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a large decline in short interest during the month of January. As of January 30th, there was short interest totaling 11,560 shares, a decline of 36.1% from the January 15th total of 18,077 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 14,468 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 14,468 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Osaic Holdings Inc. increased its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% in the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock worth $366,000 after buying an additional 4,718 shares during the period. Resolute Wealth Strategies LLC grew its position in WisdomTree Emerging Markets Multifactor Fund by 18.9% during the 2nd quarter. Resolute Wealth Strategies LLC now owns 14,924 shares of the company’s stock worth $431,000 after acquiring an additional 2,370 shares during the last quarter. United Advisor Group LLC increased its stake in WisdomTree Emerging Markets Multifactor Fund by 149.3% in the 4th quarter. United Advisor Group LLC now owns 20,985 shares of the company’s stock worth $662,000 after purchasing an additional 12,568 shares during the period. JPMorgan Chase & Co. increased its stake 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 purchasing an additional 27,359 shares during the period. Finally, Greenwood Capital Associates LLC lifted its position in WisdomTree Emerging Markets Multifactor Fund by 20.4% in the third quarter. Greenwood Capital Associates LLC now owns 29,058 shares of the company’s stock valued at $889,000 after purchasing an additional 4,916 shares during the last quarter.

WisdomTree Emerging Markets Multifactor Fund Price Performance

NYSEARCA EMMF traded up $0.09 on Friday, reaching $34.93. 10,527 shares of the company’s stock traded hands, compared to its average volume of 13,778. The stock has a market cap of $157.19 million, a PE ratio of 12.96 and a beta of 0.50. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $23.93 and a 12 month high of $36.93. The stock has a 50-day simple moving average of $32.92 and a 200 day simple moving average of $31.37.

WisdomTree Emerging Markets Multifactor Fund Announces Dividend

The firm also recently announced a special dividend, which was paid on Monday, January 5th. Investors of record on Wednesday, December 31st were given a $0.0434 dividend. The ex-dividend date was Wednesday, December 31st.

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.