WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Sees Large Drop in Short Interest

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF – Get Free Report) was the target of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 2,573 shares, a decline of 90.4% from the October 15th total of 26,814 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 16,866 shares, the short-interest ratio is presently 0.2 days.

WisdomTree Emerging Markets Multifactor Fund Price Performance

EMMF traded up $0.67 on Wednesday, hitting $34.75. 3,711 shares of the stock were exchanged, compared to its average volume of 16,474. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $30.49 and a 12 month high of $40.96. The business has a 50-day moving average of $36.92 and a two-hundred day moving average of $36.46. The firm has a market capitalization of $180.71 million, a price-to-earnings ratio of 13.31 and a beta of 0.65.

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

A number of institutional investors have recently added to or reduced their stakes in EMMF. IFP Advisors Inc lifted its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 24.6% in the 3rd quarter. IFP Advisors Inc now owns 2,859 shares of the company’s stock valued at $108,000 after acquiring an additional 565 shares during the last quarter. Gateway Wealth Partners LLC acquired a new stake in shares of WisdomTree Emerging Markets Multifactor Fund during the 1st quarter valued at $212,000. United Advisor Group LLC grew its position in WisdomTree Emerging Markets Multifactor Fund by 5.3% during the 3rd quarter. United Advisor Group LLC now owns 29,627 shares of the company’s stock worth $1,118,000 after acquiring an additional 1,489 shares during the last quarter. Welch Financial Planning LLC grew its position in WisdomTree Emerging Markets Multifactor Fund by 14.5% during the 3rd quarter. Welch Financial Planning LLC now owns 138,406 shares of the company’s stock worth $5,223,000 after acquiring an additional 17,533 shares during the last quarter. Finally, Kestra Advisory Services LLC increased its holdings in WisdomTree Emerging Markets Multifactor Fund by 15.7% in the 3rd quarter. Kestra Advisory Services LLC now owns 244,747 shares of the company’s stock worth $9,236,000 after purchasing an additional 33,301 shares in the last quarter.

About WisdomTree Emerging Markets Multifactor Fund

(Get Free Report)

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.

Read More

Receive News & Ratings for WisdomTree Emerging Markets Multifactor Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Emerging Markets Multifactor Fund and related companies with MarketBeat.com's FREE daily email newsletter.