Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Decreases By 41.1%

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

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

Institutional investors have recently modified their holdings of the company. Gateway Wealth Partners LLC bought a new stake in shares of WisdomTree Emerging Markets Multifactor Fund in the first quarter worth about $212,000. Greenwood Capital Associates LLC raised its position in WisdomTree Emerging Markets Multifactor Fund by 16.6% during the 1st quarter. Greenwood Capital Associates LLC now owns 43,523 shares of the company’s stock valued at $1,441,000 after purchasing an additional 6,197 shares during the last quarter. Trilogy Capital Inc. lifted its holdings in WisdomTree Emerging Markets Multifactor Fund by 5.6% in 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. Welch Financial Planning LLC lifted its holdings in WisdomTree Emerging Markets Multifactor Fund by 3.1% in the 1st quarter. Welch Financial Planning LLC now owns 123,040 shares of the company’s stock worth $4,074,000 after buying an additional 3,653 shares during the period. Finally, Stifel Financial Corp grew its position in shares of WisdomTree Emerging Markets Multifactor Fund by 4.0% in the 4th quarter. Stifel Financial Corp now owns 31,218 shares of the company’s stock worth $985,000 after buying an additional 1,189 shares during the last quarter.

WisdomTree Emerging Markets Multifactor Fund Stock Performance

NYSEARCA:EMMF traded down $0.30 during midday trading on Thursday, reaching $37.50. 8,698 shares of the stock traded hands, compared to its average volume of 18,016. The company has a fifty day moving average of $38.08 and a 200 day moving average of $35.22. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $28.40 and a 12 month high of $40.96. The stock has a market capitalization of $176.25 million, a P/E ratio of 12.96 and a beta of 0.58.

WisdomTree Emerging Markets Multifactor Fund Company Profile

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.