WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Sees Large Decline in Short Interest

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) saw a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 162 shares, a drop of 78.6% from the September 30th total of 757 shares. Based on an average trading volume of 7,685 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of EMCB. Fermata Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets Corporate Bond Fund by 11.7% in the 2nd quarter. Fermata Advisors LLC now owns 3,747 shares of the company’s stock valued at $248,000 after purchasing an additional 391 shares during the last quarter. Fifth Third Bancorp acquired a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund during the first quarter worth $50,000. Moody National Bank Trust Division raised its stake in WisdomTree Emerging Markets Corporate Bond Fund by 10.4% during the second quarter. Moody National Bank Trust Division now owns 25,624 shares of the company’s stock worth $1,696,000 after buying an additional 2,414 shares during the last quarter. Cetera Investment Advisers bought a new position in WisdomTree Emerging Markets Corporate Bond Fund during the first quarter worth $216,000. Finally, Kestra Advisory Services LLC lifted its holdings in WisdomTree Emerging Markets Corporate Bond Fund by 12.8% in the first quarter. Kestra Advisory Services LLC now owns 31,575 shares of the company’s stock valued at $2,069,000 after buying an additional 3,573 shares during the period.

WisdomTree Emerging Markets Corporate Bond Fund Price Performance

Shares of WisdomTree Emerging Markets Corporate Bond Fund stock traded up $0.06 during midday trading on Thursday, reaching $63.91. The company had a trading volume of 3,042 shares, compared to its average volume of 5,416. The stock has a fifty day moving average price of $64.84 and a 200 day moving average price of $66.03. WisdomTree Emerging Markets Corporate Bond Fund has a fifty-two week low of $63.49 and a fifty-two week high of $69.25.

About WisdomTree Emerging Markets Corporate Bond Fund

The WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF with a focus on investment- and non-investment-grade corporate debt of emerging-market countries. The fund manager may invest using derivatives. EMCB was launched on Mar 8, 2012 and is managed by WisdomTree.