WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD – Get Free Report) saw a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 17,509 shares, a growth of 189.1% from the August 15th total of 6,057 shares. Based on an average trading volume of 21,358 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.4% of the shares of the company are sold short.
WisdomTree Emerging Markets Local Debt Fund Stock Performance
Shares of WisdomTree Emerging Markets Local Debt Fund stock opened at $28.81 on Friday. The company’s fifty day simple moving average is $28.79 and its 200-day simple moving average is $28.78. WisdomTree Emerging Markets Local Debt Fund has a 1 year low of $27.12 and a 1 year high of $30.29.
Institutional Trading of WisdomTree Emerging Markets Local Debt Fund
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of WisdomTree Emerging Markets Local Debt Fund during the 2nd quarter worth about $88,000. Harbour Investments Inc. lifted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% in the fourth 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. Osaic Holdings Inc. grew its position in WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the second 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. Gateway Wealth Partners LLC acquired a new stake in WisdomTree Emerging Markets Local Debt Fund during the first quarter worth about $204,000. Finally, Moors & Cabot Inc. increased its stake in WisdomTree Emerging Markets Local Debt Fund by 6.3% during the third quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock valued at $221,000 after acquiring an additional 454 shares during the period.
WisdomTree Emerging Markets Local Debt Fund Company Profile
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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