WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Sees Large Drop in Short Interest

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 5,298 shares, a decrease of 77.6% from the July 15th total of 23,684 shares. Based on an average trading volume of 13,566 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

A number of institutional investors have recently bought and sold shares of ELD. Osaic Holdings Inc. raised its stake in WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the second quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock worth $184,000 after purchasing an additional 6,349 shares during the period. Harbour Investments Inc. grew its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% during 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 period. Gateway Wealth Partners LLC acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the 1st quarter worth $204,000. Moors & Cabot Inc. raised its position in shares of 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 worth $221,000 after buying an additional 454 shares during the period. Finally, Baker Ellis Asset Management LLC purchased a new position in shares of WisdomTree Emerging Markets Local Debt Fund in the 1st quarter worth $225,000.

WisdomTree Emerging Markets Local Debt Fund Stock Up 0.2%

NYSEARCA ELD traded up $0.05 during mid-day trading on Friday, reaching $28.88. 6,206 shares of the stock were exchanged, compared to its average volume of 43,258. WisdomTree Emerging Markets Local Debt Fund has a 1-year low of $27.12 and a 1-year high of $30.29. The business’s fifty day simple moving average is $28.71 and its 200 day simple moving average is $28.92.

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.