WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Stock Short Interest Drops 90.4%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the recipient of a large decline in short interest during the month of October. As of October 30th, there was short interest totaling 2,573 shares, a decline of 90.4% from the October 15th total of 26,814 shares. Based on an average daily volume of 16,866 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

Institutional investors have recently modified their holdings of the company. IFP Advisors Inc raised its holdings in WisdomTree Emerging Markets Multifactor Fund by 24.6% in the 3rd quarter. IFP Advisors Inc now owns 2,859 shares of the company’s stock worth $108,000 after acquiring an additional 565 shares during the period. United Advisor Group LLC lifted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 5.3% during the 3rd quarter. United Advisor Group LLC now owns 29,627 shares of the company’s stock worth $1,118,000 after purchasing an additional 1,489 shares during the last quarter. Gateway Wealth Partners LLC acquired a new position in shares of WisdomTree Emerging Markets Multifactor Fund during the 1st quarter worth about $212,000. Welch Financial Planning LLC boosted its stake in WisdomTree Emerging Markets Multifactor Fund by 14.5% during the 3rd quarter. Welch Financial Planning LLC now owns 138,406 shares of the company’s stock valued at $5,223,000 after purchasing an additional 17,533 shares during the period. Finally, Kestra Advisory Services LLC boosted its stake in WisdomTree Emerging Markets Multifactor Fund by 15.7% during the 3rd quarter. Kestra Advisory Services LLC now owns 244,747 shares of the company’s stock valued at $9,236,000 after purchasing an additional 33,301 shares during the period.

WisdomTree Emerging Markets Multifactor Fund Trading Down 1.6%

WisdomTree Emerging Markets Multifactor Fund stock traded down $0.57 during trading hours on Thursday, reaching $34.16. 17,278 shares of the company were exchanged, compared to its average volume of 16,515. The firm has a market cap of $177.63 million, a price-to-earnings ratio of 13.31 and a beta of 0.65. The stock has a 50-day moving average of $36.85 and a 200 day moving average of $36.47. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $30.49 and a 12 month high of $40.96.

WisdomTree Emerging Markets Multifactor Fund Company Profile

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.