Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Drops By 55.2%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 9,335 shares, a decline of 55.2% from the August 15th total of 20,842 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 11,843 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

Several institutional investors have recently made changes to their positions in EMMF. Trilogy Capital Inc. raised its stake in WisdomTree Emerging Markets Multifactor Fund by 5.6% during the 1st quarter. Trilogy Capital Inc. now owns 1,885,593 shares of the company’s stock valued at $62,432,000 after purchasing an additional 99,540 shares during the period. LPL Financial LLC boosted its stake in WisdomTree Emerging Markets Multifactor Fund by 6.1% in the 4th quarter. LPL Financial LLC now owns 287,437 shares of the company’s stock worth $9,066,000 after purchasing an additional 16,557 shares during the period. Tidemark LLC grew its holdings in WisdomTree Emerging Markets Multifactor Fund by 7.8% during the 4th quarter. Tidemark LLC now owns 245,585 shares of the company’s stock valued at $7,746,000 after buying an additional 17,736 shares in the last quarter. Welch Financial Planning LLC grew its holdings in WisdomTree Emerging Markets Multifactor Fund by 3.1% during the 1st quarter. Welch Financial Planning LLC now owns 123,040 shares of the company’s stock valued at $4,074,000 after buying an additional 3,653 shares in the last quarter. Finally, Greenwood Capital Associates LLC raised its position in shares of WisdomTree Emerging Markets Multifactor Fund by 16.6% during the first quarter. Greenwood Capital Associates LLC now owns 43,523 shares of the company’s stock valued at $1,441,000 after buying an additional 6,197 shares during the last quarter.

WisdomTree Emerging Markets Multifactor Fund Trading Down 2.1%

Shares of EMMF traded down $0.82 during trading hours on Monday, reaching $37.68. 2,110 shares of the stock traded hands, compared to its average volume of 16,280. The company has a market cap of $177.11 million, a P/E ratio of 12.96 and a beta of 0.60. The company’s 50-day moving average price is $37.51 and its two-hundred day moving average price is $36.73. WisdomTree Emerging Markets Multifactor Fund has a 52-week low of $29.94 and a 52-week high of $40.96.

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.