Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Declines By 19.6%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 5,732 shares, a drop of 19.6% from the March 31st total of 7,131 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 18,289 shares, the days-to-cover ratio is presently 0.3 days.

WisdomTree Emerging Markets Local Debt Fund Trading Down 0.1%

ELD traded down $0.03 during midday trading on Friday, hitting $28.79. The company had a trading volume of 22,011 shares, compared to its average volume of 51,731. WisdomTree Emerging Markets Local Debt Fund has a twelve month low of $26.00 and a twelve month high of $30.29. The firm’s 50-day simple moving average is $28.84 and its 200-day simple moving average is $29.04.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Harbour Investments Inc. grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% during the 4th quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock worth $189,000 after buying an additional 664 shares during the period. Alexander Randolph Advisory Inc. acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the 4th quarter worth approximately $250,000. Pekin Hardy Strauss Inc. grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 88.0% during the 4th quarter. Pekin Hardy Strauss Inc. now owns 63,373 shares of the company’s stock worth $1,850,000 after buying an additional 29,655 shares during the period. NBC Securities Inc. grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 8.3% during the 4th quarter. NBC Securities Inc. now owns 21,551 shares of the company’s stock worth $629,000 after buying an additional 1,655 shares during the period. Finally, Arkansas Financial Group Inc. acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the 4th quarter worth approximately $334,000.

About WisdomTree Emerging Markets Local Debt Fund

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.