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

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 9,335 shares, a decrease of 55.2% from the August 15th total of 20,842 shares. Based on an average trading volume of 11,843 shares, the short-interest ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

WisdomTree Emerging Markets Multifactor Fund Trading Up 0.5%

Shares of EMMF stock traded up $0.17 during trading hours on Wednesday, reaching $37.67. 3,056 shares of the company’s stock were exchanged, compared to its average volume of 16,227. WisdomTree Emerging Markets Multifactor Fund has a 1 year low of $29.94 and a 1 year high of $40.96. The stock has a market cap of $188.33 million, a PE ratio of 12.96 and a beta of 0.60. The stock’s fifty day moving average price is $37.51 and its two-hundred day moving average price is $36.76.

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

A number of institutional investors and hedge funds have recently added to or reduced their stakes in EMMF. Trilogy Capital Inc. boosted its position 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 buying an additional 99,540 shares during the last quarter. Tidemark LLC lifted its position in WisdomTree Emerging Markets Multifactor Fund by 7.8% during the 4th quarter. Tidemark LLC now owns 245,585 shares of the company’s stock worth $7,746,000 after acquiring an additional 17,736 shares during the period. Welch Financial Planning LLC increased its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 3.1% in the first quarter. Welch Financial Planning LLC now owns 123,040 shares of the company’s stock valued at $4,074,000 after purchasing an additional 3,653 shares during the period. Greenwood Capital Associates LLC raised its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 16.6% during the first quarter. Greenwood Capital Associates LLC now owns 43,523 shares of the company’s stock worth $1,441,000 after purchasing an additional 6,197 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new stake in shares of WisdomTree Emerging Markets Multifactor Fund during the first quarter worth $212,000.

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.