Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Decreases By 19.6%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 5,732 shares, a drop of 19.6% from the March 31st total of 7,131 shares. Based on an average trading volume of 18,289 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

WisdomTree Emerging Markets Local Debt Fund Price Performance

NYSEARCA ELD traded up $0.26 during trading hours on Thursday, hitting $28.82. The company’s stock had a trading volume of 690,739 shares, compared to its average volume of 52,094. WisdomTree Emerging Markets Local Debt Fund has a 52 week low of $25.52 and a 52 week high of $30.29. The company’s 50-day simple moving average is $28.84 and its two-hundred day simple moving average is $29.04.

Hedge Funds Weigh In On WisdomTree Emerging Markets Local Debt Fund

Large investors have recently added to or reduced their stakes in the business. Sound Income Strategies LLC bought a new position in WisdomTree Emerging Markets Local Debt Fund in the 4th quarter valued at about $29,000. Osaic Holdings Inc. lifted its position in 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 acquiring an additional 6,349 shares in the last quarter. Harbour Investments Inc. increased its stake in 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. Smartleaf Asset Management LLC increased its stake in 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, Moors & Cabot Inc. increased its stake in WisdomTree Emerging Markets Local Debt Fund by 6.3% in the 3rd quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock valued at $221,000 after buying an additional 454 shares during the last quarter.

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.