WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Down 41.1% in June

by · The Markets Daily

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF – Get Free Report) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 8,799 shares, a decline of 41.1% from the May 31st total of 14,946 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 18,068 shares, the days-to-cover ratio is presently 0.5 days.

WisdomTree Emerging Markets Multifactor Fund Stock Down 2.1%

NYSEARCA EMMF traded down $0.83 during trading hours on Wednesday, hitting $37.80. The company’s stock had a trading volume of 14,100 shares, compared to its average volume of 18,091. The stock has a fifty day moving average of $38.05 and a 200 day moving average of $35.18. The firm has a market capitalization of $177.66 million, a P/E ratio of 12.96 and a beta of 0.57. WisdomTree Emerging Markets Multifactor Fund has a twelve month low of $28.40 and a twelve month high of $40.96.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

Several institutional investors and hedge funds have recently made changes to their positions in EMMF. CWM LLC increased its holdings in shares of 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 acquiring an additional 124,372 shares in the last quarter. Welch Financial Planning LLC bought a new stake in WisdomTree Emerging Markets Multifactor Fund during the 4th quarter worth approximately $3,765,000. Trilogy Capital Inc. raised its holdings in WisdomTree Emerging Markets Multifactor Fund by 5.6% during the 1st quarter. Trilogy Capital Inc. now owns 1,885,593 shares of the company’s stock worth $62,432,000 after buying an additional 99,540 shares during the period. Jane Street Group LLC bought a new position in WisdomTree Emerging Markets Multifactor Fund in the fourth quarter valued at approximately $982,000. Finally, JPMorgan Chase & Co. boosted its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 88,254.8% in the third quarter. JPMorgan Chase & Co. now owns 27,390 shares of the company’s stock valued at $838,000 after buying an additional 27,359 shares during the period.

About WisdomTree Emerging Markets Multifactor Fund

(Get Free Report)

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.

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