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

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a significant drop in short interest in July. As of July 31st, there was short interest totaling 5,298 shares, a drop of 77.6% from the July 15th total of 23,684 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 13,566 shares, the short-interest ratio is presently 0.4 days.

WisdomTree Emerging Markets Local Debt Fund Stock Performance

Shares of NYSEARCA ELD traded up $0.05 during trading on Friday, reaching $28.88. The company had a trading volume of 6,206 shares, compared to its average volume of 43,258. WisdomTree Emerging Markets Local Debt Fund has a twelve month low of $27.12 and a twelve month high of $30.29. The stock has a 50-day moving average price of $28.72 and a two-hundred day moving average price of $28.92.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ELD. Foster & Motley Inc. acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the 2nd quarter worth about $9,692,000. Elmwood Wealth Management Inc. raised its position in shares of WisdomTree Emerging Markets Local Debt Fund by 3.0% in the second quarter. Elmwood Wealth Management Inc. now owns 146,261 shares of the company’s stock valued at $4,198,000 after buying an additional 4,205 shares during the last quarter. Trilogy Capital Inc. raised its position in shares of WisdomTree Emerging Markets Local Debt Fund by 1.5% in the second quarter. Trilogy Capital Inc. now owns 24,105 shares of the company’s stock valued at $692,000 after buying an additional 351 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 3.4% during the first quarter. Bank of America Corp DE now owns 292,690 shares of the company’s stock valued at $8,143,000 after buying an additional 9,581 shares during the period. Finally, Royal Bank of Canada lifted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 214.8% during the first quarter. Royal Bank of Canada now owns 91,556 shares of the company’s stock valued at $2,547,000 after buying an additional 62,475 shares during the period.

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.