Templeton Emerging Markets Fund (NYSE:EMF) Short Interest Up 124.4% in April

Templeton Emerging Markets Fund (NYSE:EMF) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 10,100 shares, a growth of 124.4% from the March 31st total of 4,500 shares. Based on an average daily trading volume, of 25,600 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Templeton Emerging Markets Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advantage Trust Co bought a new position in shares of Templeton Emerging Markets Fund in the fourth quarter valued at $29,000. FNY Investment Advisers LLC acquired a new stake in shares of Templeton Emerging Markets Fund during the fourth quarter worth $29,000. Capital Investment Advisors LLC raised its position in shares of Templeton Emerging Markets Fund by 9.2% during the fourth quarter. Capital Investment Advisors LLC now owns 44,365 shares of the financial services provider’s stock worth $518,000 after purchasing an additional 3,740 shares during the period. Wolverine Asset Management LLC lifted its holdings in shares of Templeton Emerging Markets Fund by 149.8% during the third quarter. Wolverine Asset Management LLC now owns 8,901 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 5,338 shares during the last quarter. Finally, WealthShield Partners LLC acquired a new position in shares of Templeton Emerging Markets Fund in the 3rd quarter valued at $115,000. 49.86% of the stock is owned by institutional investors and hedge funds.

Templeton Emerging Markets Fund Price Performance

NYSE EMF traded up $0.15 on Friday, reaching $11.74. The company’s stock had a trading volume of 11,546 shares, compared to its average volume of 34,093. The firm’s 50 day moving average is $11.71 and its two-hundred day moving average is $11.50. Templeton Emerging Markets Fund has a twelve month low of $10.58 and a twelve month high of $12.67.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.