WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD – Get Free Report) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 38,268 shares, a drop of 49.6% from the June 15th total of 75,903 shares. Currently, 0.8% of the shares of the stock are short sold. Based on an average daily volume of 59,277 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of WisdomTree Emerging Markets Local Debt Fund
Several institutional investors have recently added to or reduced their stakes in ELD. Sound Income Strategies LLC purchased a new stake in WisdomTree Emerging Markets Local Debt Fund during the fourth quarter worth about $29,000. Osaic Holdings Inc. lifted its holdings in WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the 2nd quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock worth $184,000 after buying an additional 6,349 shares in the last quarter. Harbour Investments Inc. boosted its position in WisdomTree Emerging Markets Local Debt Fund by 11.4% in 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 purchased a new position in WisdomTree Emerging Markets Local Debt Fund in the 1st quarter valued at approximately $204,000. Finally, Moors & Cabot Inc. grew its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 6.3% in the third quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock worth $221,000 after acquiring an additional 454 shares in the last quarter.
WisdomTree Emerging Markets Local Debt Fund Stock Performance
WisdomTree Emerging Markets Local Debt Fund stock traded up $0.03 during trading on Wednesday, reaching $28.84. 24,079 shares of the company were exchanged, compared to its average volume of 47,571. The stock’s 50 day simple moving average is $28.74 and its two-hundred day simple moving average is $29.02. WisdomTree Emerging Markets Local Debt Fund has a 52-week low of $27.12 and a 52-week high of $30.29.
About WisdomTree Emerging Markets Local Debt Fund
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.
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