Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Expands By 480.1%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 284,706 shares, a growth of 480.1% from the January 15th total of 49,082 shares. Approximately 9.0% of the company’s shares are short sold. Based on an average daily trading volume, of 101,713 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily trading volume, of 101,713 shares, the days-to-cover ratio is presently 2.8 days. Approximately 9.0% of the company’s shares are short sold.

WisdomTree Emerging Markets Local Debt Fund Price Performance

Shares of NYSEARCA:ELD remained flat at $29.99 during mid-day trading on Tuesday. 28,348 shares of the company were exchanged, compared to its average volume of 70,250. The stock has a fifty day moving average of $29.34 and a 200 day moving average of $28.83. WisdomTree Emerging Markets Local Debt Fund has a 1-year low of $25.18 and a 1-year high of $30.11.

WisdomTree Emerging Markets Local Debt Fund Announces Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, January 29th. Stockholders of record on Tuesday, January 27th were given a dividend of $0.145 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Tuesday, January 27th.

Institutional Trading of WisdomTree Emerging Markets Local Debt Fund

A number of large investors have recently made changes to their positions in the company. RFG Advisory LLC lifted its holdings in WisdomTree Emerging Markets Local Debt Fund by 4.4% during the second quarter. RFG Advisory LLC now owns 9,210 shares of the company’s stock worth $258,000 after acquiring an additional 389 shares in the last quarter. Harbour Investments Inc. raised its position in shares of WisdomTree Emerging Markets Local Debt Fund by 16.9% during 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 period. Integrity Alliance LLC. bought a new position in shares of WisdomTree Emerging Markets Local Debt Fund during the 2nd quarter valued at about $213,000. Moors & Cabot Inc. bought a new position in shares of WisdomTree Emerging Markets Local Debt Fund during the 2nd quarter valued at about $202,000. Finally, Flow Traders U.S. LLC acquired a new position in shares of WisdomTree Emerging Markets Local Debt Fund in the 2nd quarter valued at approximately $3,470,000.

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.