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

WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 13,534 shares, an increase of 423.4% from the May 14th total of 2,586 shares. Based on an average daily volume of 5,852 shares, the days-to-cover ratio is presently 2.3 days. Currently, 1.1% of the shares of the company are sold short.

WisdomTree Emerging Markets Efficient Core Fund Stock Performance

Shares of NYSEARCA:NTSE traded up $0.10 on Friday, hitting $48.00. The company’s stock had a trading volume of 1,488 shares, compared to its average volume of 8,267. WisdomTree Emerging Markets Efficient Core Fund has a 12 month low of $32.12 and a 12 month high of $56.98. The company has a market capitalization of $57.60 million, a price-to-earnings ratio of 13.27 and a beta of 0.82. The stock’s 50-day moving average is $45.13 and its two-hundred day moving average is $41.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of NTSE. Kestra Advisory Services LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund in the 4th quarter valued at $117,000. Fermata Advisors LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund in the 4th quarter valued at $209,000. Jane Street Group LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund in the 1st quarter valued at $373,000. Citadel Advisors LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund in the 3rd quarter valued at $619,000. Finally, Drive Wealth Management LLC boosted its position in shares of WisdomTree Emerging Markets Efficient Core Fund by 10.7% in the 4th 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 period.

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.