WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) Sees Large Decline in Short Interest

WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) was the recipient of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,586 shares, a decline of 62.3% from the April 30th total of 6,855 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 2,945 shares, the short-interest ratio is presently 0.9 days.

WisdomTree Emerging Markets Efficient Core Fund Price Performance

Shares of NYSEARCA:NTSE opened at $48.56 on Friday. The company’s 50 day simple moving average is $43.61 and its 200 day simple moving average is $41.10. The stock has a market capitalization of $58.27 million, a price-to-earnings ratio of 13.27 and a beta of 0.81. WisdomTree Emerging Markets Efficient Core Fund has a 1 year low of $31.03 and a 1 year high of $48.73.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in WisdomTree Emerging Markets Efficient Core Fund by 2.0% in the fourth quarter. LPL Financial LLC now owns 34,520 shares of the company’s stock valued at $1,302,000 after purchasing an additional 687 shares during the last quarter. Professional Financial Advisors LLC raised its position in WisdomTree Emerging Markets Efficient Core Fund by 1.2% in the fourth quarter. Professional Financial Advisors LLC now owns 71,203 shares of the company’s stock valued at $2,686,000 after purchasing an additional 849 shares during the last quarter. Wealthcare Advisory Partners LLC raised its position in WisdomTree Emerging Markets Efficient Core Fund by 1.0% in the third quarter. Wealthcare Advisory Partners LLC now owns 118,038 shares of the company’s stock valued at $4,277,000 after purchasing an additional 1,139 shares during the last quarter. Drive Wealth Management LLC raised its position in WisdomTree Emerging Markets Efficient Core Fund by 10.7% in the fourth quarter. Drive Wealth Management LLC now owns 20,453 shares of the company’s stock valued at $772,000 after purchasing an additional 1,984 shares during the last quarter. Finally, OLD Mission Capital LLC raised its position in WisdomTree Emerging Markets Efficient Core Fund by 7.9% in the fourth quarter. OLD Mission Capital LLC now owns 28,591 shares of the company’s stock valued at $1,079,000 after purchasing an additional 2,103 shares during the last quarter.

About WisdomTree Emerging Markets Efficient Core Fund

The WisdomTree Emerging Markets Efficient Core Fund (NTSE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of Emerging market equities and US Treasury futures contracts. NTSE was launched on May 20, 2021 and is managed by WisdomTree.