WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Short Interest Up 730.1% in January

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a large growth in short interest in January. As of January 15th, there was short interest totaling 49,082 shares, a growth of 730.1% from the December 31st total of 5,913 shares. Based on an average daily trading volume, of 25,116 shares, the short-interest ratio is presently 2.0 days. Currently, 1.6% of the company’s stock are sold short. Currently, 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 25,116 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

Large investors have recently made changes to their positions in the stock. Ignite Planners LLC increased its position in shares of WisdomTree Emerging Markets Local Debt Fund by 5.3% in the 2nd quarter. Ignite Planners LLC now owns 107,886 shares of the company’s stock valued at $3,021,000 after acquiring an additional 5,415 shares during the period. RFG Advisory LLC increased its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 4.4% in the second quarter. RFG Advisory LLC now owns 9,210 shares of the company’s stock valued at $258,000 after purchasing an additional 389 shares during the period. Harbour Investments Inc. raised its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 16.9% in the second quarter. Harbour Investments Inc. now owns 4,564 shares of the company’s stock worth $128,000 after purchasing an additional 659 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the second quarter worth about $213,000. Finally, Moors & Cabot Inc. purchased a new stake in WisdomTree Emerging Markets Local Debt Fund in the second quarter valued at approximately $202,000.

WisdomTree Emerging Markets Local Debt Fund Price Performance

NYSEARCA ELD traded down $0.08 during trading on Wednesday, hitting $29.94. The company’s stock had a trading volume of 88,252 shares, compared to its average volume of 34,825. WisdomTree Emerging Markets Local Debt Fund has a fifty-two week low of $25.18 and a fifty-two week high of $30.11. The business’s 50 day simple moving average is $29.14 and its 200-day simple moving average is $28.71.

WisdomTree Emerging Markets Local Debt Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th will be paid a dividend of $0.145 per share. The ex-dividend date is Tuesday, January 27th. This represents a c) dividend on an annualized basis and a yield of 5.8%.

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.