WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Short Interest Update

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 10,600 shares, a growth of 212.1% from the April 30th total of 3,396 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average trading volume of 28,134 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sound Income Strategies LLC bought a new stake in WisdomTree Emerging Markets Local Debt Fund during the 4th quarter worth $29,000. Harbour Investments Inc. grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% in the 4th quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock valued at $189,000 after buying an additional 664 shares during the last quarter. Osaic Holdings Inc. grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 2,748.5% in the 2nd quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock valued at $184,000 after buying an additional 6,349 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of WisdomTree Emerging Markets Local Debt Fund by 11.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 6,702 shares of the company’s stock valued at $192,000 after buying an additional 694 shares during the last quarter. Finally, Gateway Wealth Partners LLC bought a new stake in shares of WisdomTree Emerging Markets Local Debt Fund in the 1st quarter valued at about $204,000.

WisdomTree Emerging Markets Local Debt Fund Trading Down 0.4%

ELD stock traded down $0.11 during midday trading on Friday, reaching $28.62. 251,334 shares of the stock were exchanged, compared to its average volume of 48,930. WisdomTree Emerging Markets Local Debt Fund has a 52 week low of $27.10 and a 52 week high of $30.29. The company has a fifty day moving average price of $28.67 and a 200 day moving average price of $29.05.

WisdomTree Emerging Markets Local Debt Fund Company Profile

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.