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

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 9,397 shares, a growth of 302.3% from the June 30th total of 2,336 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 10,612 shares, the days-to-cover ratio is currently 0.9 days.

WisdomTree Emerging Markets Multifactor Fund Price Performance

NYSEARCA:EMMF opened at $36.30 on Tuesday. The firm’s 50-day moving average price is $38.16 and its 200-day moving average price is $35.87. The company has a market capitalization of $170.61 million, a PE ratio of 12.96 and a beta of 0.58. WisdomTree Emerging Markets Multifactor Fund has a 1-year low of $28.40 and a 1-year high of $40.96.

Institutional Investors Weigh In On WisdomTree Emerging Markets Multifactor Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Osaic Holdings Inc. increased its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% during the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock valued at $366,000 after purchasing an additional 4,718 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 88,254.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 27,390 shares of the company’s stock worth $838,000 after purchasing an additional 27,359 shares in the last quarter. BridgePort Financial Solutions LLC grew its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 3.5% in the 4th quarter. BridgePort Financial Solutions LLC now owns 85,085 shares of the company’s stock worth $2,684,000 after buying an additional 2,861 shares during the last quarter. Trilogy Capital Inc. grew its stake 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 buying an additional 27,070 shares during the last quarter. Finally, CWM LLC increased its position in WisdomTree Emerging Markets Multifactor Fund by 99.2% during the 4th quarter. CWM LLC now owns 249,687 shares of the company’s stock valued at $7,875,000 after buying an additional 124,372 shares in the last quarter.

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.