WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Sees Significant Growth in Short Interest

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the target of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 20,400 shares, a growth of 121.7% from the September 30th total of 9,200 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 1.5 days. Currently, 0.5% of the shares of the company are short sold. Currently, 0.5% of the shares of the company are short sold. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is presently 1.5 days.

WisdomTree Emerging Markets Multifactor Fund Stock Down 0.9%

Shares of NYSEARCA:EMMF opened at $31.33 on Friday. The company has a market cap of $134.72 million, a price-to-earnings ratio of 12.96 and a beta of 0.50. The firm’s 50-day simple moving average is $30.57 and its 200-day simple moving average is $29.02. WisdomTree Emerging Markets Multifactor Fund has a fifty-two week low of $23.93 and a fifty-two week high of $31.70.

Institutional Trading of WisdomTree Emerging Markets Multifactor Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EMMF. Cheviot Value Management LLC acquired a new stake in shares of WisdomTree Emerging Markets Multifactor Fund in the first quarter valued at about $126,000. Resolute Wealth Strategies LLC acquired a new stake in shares of WisdomTree Emerging Markets Multifactor Fund in the first quarter valued at about $333,000. Osaic Holdings Inc. lifted its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% in the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock valued at $366,000 after purchasing an additional 4,718 shares during the period. Greenwood Capital Associates LLC lifted its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 44.8% in the second quarter. Greenwood Capital Associates LLC now owns 24,142 shares of the company’s stock valued at $697,000 after purchasing an additional 7,470 shares during the period. Finally, BridgePort Financial Solutions LLC grew its holdings in WisdomTree Emerging Markets Multifactor Fund by 348.7% in the second quarter. BridgePort Financial Solutions LLC now owns 74,586 shares of the company’s stock valued at $2,153,000 after purchasing an additional 57,965 shares during the last quarter.

About WisdomTree Emerging Markets Multifactor Fund

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.