WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Short Interest Update

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 20,842 shares, a decrease of 44.7% from the July 30th total of 37,674 shares. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 9,014 shares, the days-to-cover ratio is presently 2.3 days.

WisdomTree Emerging Markets Multifactor Fund Price Performance

Shares of EMMF stock traded down $0.12 during trading hours on Monday, reaching $38.23. The company had a trading volume of 10,190 shares, compared to its average volume of 16,685. The company has a market cap of $179.68 million, a price-to-earnings ratio of 12.96 and a beta of 0.59. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $29.33 and a 12 month high of $40.96. The business has a fifty day simple moving average of $37.41 and a 200-day simple moving average of $36.51.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

A number of hedge funds have recently bought and sold shares of EMMF. Gateway Wealth Partners LLC bought a new stake in shares of WisdomTree Emerging Markets Multifactor Fund in the 1st quarter worth $212,000. Osaic Holdings Inc. lifted its position 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 holdings in WisdomTree Emerging Markets Multifactor Fund by 88,254.8% during the third quarter. JPMorgan Chase & Co. now owns 27,390 shares of the company’s stock worth $838,000 after purchasing an additional 27,359 shares during the last quarter. Jane Street Group LLC purchased a new position in WisdomTree Emerging Markets Multifactor Fund during the fourth quarter worth about $982,000. Finally, Stifel Financial Corp grew its position in 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 purchasing an additional 1,189 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.