Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Declines By 31.8%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 3,333 shares, a drop of 31.8% from the March 15th total of 4,889 shares. Based on an average daily trading volume, of 22,577 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of WisdomTree Emerging Markets Multifactor Fund stock traded up $0.17 during trading on Wednesday, hitting $35.55. 16,698 shares of the company’s stock traded hands, compared to its average volume of 19,777. WisdomTree Emerging Markets Multifactor Fund has a 1 year low of $25.56 and a 1 year high of $36.93. The stock has a market capitalization of $167.09 million, a P/E ratio of 12.96 and a beta of 0.52. The business has a 50-day simple moving average of $34.15 and a 200-day simple moving average of $32.66.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of EMMF. CWM LLC lifted its holdings in WisdomTree Emerging Markets Multifactor Fund by 99.2% in the fourth quarter. CWM LLC now owns 249,687 shares of the company’s stock valued at $7,875,000 after acquiring an additional 124,372 shares during the period. Welch Financial Planning LLC bought a new position in WisdomTree Emerging Markets Multifactor Fund in the fourth quarter valued at about $3,765,000. Tidemark LLC lifted its holdings in WisdomTree Emerging Markets Multifactor Fund by 31.2% in the third quarter. Tidemark LLC now owns 227,849 shares of the company’s stock valued at $6,971,000 after acquiring an additional 54,181 shares during the period. Jane Street Group LLC bought a new position in WisdomTree Emerging Markets Multifactor Fund in the fourth quarter valued at about $982,000. Finally, JPMorgan Chase & Co. lifted its holdings in 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 acquiring an additional 27,359 shares during the period.

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.