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

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a large decline in short interest during the month of March. As of March 13th, there was short interest totaling 4,889 shares, a decline of 56.4% from the February 26th total of 11,206 shares. Based on an average trading volume of 27,107 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are short sold.

WisdomTree Emerging Markets Multifactor Fund Stock Performance

EMMF traded down $0.18 on Friday, hitting $32.33. 25,152 shares of the company were exchanged, compared to its average volume of 19,881. The firm has a fifty day simple moving average of $34.23 and a two-hundred day simple moving average of $32.35. 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 market capitalization of $145.49 million, a PE ratio of 12.96 and a beta of 0.50.

WisdomTree Emerging Markets Multifactor Fund Announces Dividend

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

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Trilogy Capital Inc. lifted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 1.5% in the 4th quarter. Trilogy Capital Inc. now owns 1,786,053 shares of the company’s stock worth $56,332,000 after purchasing an additional 27,070 shares during the period. LPL Financial LLC increased its position in shares of WisdomTree Emerging Markets Multifactor Fund by 6.1% during the fourth quarter. LPL Financial LLC now owns 287,437 shares of the company’s stock valued at $9,066,000 after buying an additional 16,557 shares during the period. CWM LLC raised its stake in WisdomTree Emerging Markets Multifactor Fund by 99.2% in the fourth quarter. CWM LLC now owns 249,687 shares of the company’s stock worth $7,875,000 after buying an additional 124,372 shares in the last quarter. Tidemark LLC raised its stake in WisdomTree Emerging Markets Multifactor Fund by 7.8% in the fourth quarter. Tidemark LLC now owns 245,585 shares of the company’s stock worth $7,746,000 after buying an additional 17,736 shares in the last quarter. Finally, Welch Financial Planning LLC purchased a new stake in WisdomTree Emerging Markets Multifactor Fund in the fourth quarter worth about $3,765,000.

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.