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

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) was the target of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 11,206 shares, a growth of 145.4% from the February 12th total of 4,567 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily trading volume, of 28,166 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 28,166 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

WisdomTree Emerging Markets Multifactor Fund Trading Down 0.1%

Shares of EMMF stock opened at $33.10 on Friday. The company’s fifty day moving average price is $34.17 and its 200-day moving average price is $32.10. The stock has a market cap of $148.95 million, a PE ratio of 12.96 and a beta of 0.50. WisdomTree Emerging Markets Multifactor Fund has a 12 month low of $23.93 and a 12 month high of $36.93.

WisdomTree Emerging Markets Multifactor Fund Dividend Announcement

The firm also recently announced a special dividend, which was paid on Monday, January 5th. Shareholders of record on Wednesday, December 31st were paid a dividend of $0.0434 per share. The ex-dividend date of this dividend was Wednesday, December 31st.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Resolute Wealth Strategies LLC raised its stake in WisdomTree Emerging Markets Multifactor Fund by 18.9% during the second quarter. Resolute Wealth Strategies LLC now owns 14,924 shares of the company’s stock valued at $431,000 after buying an additional 2,370 shares during the last quarter. Osaic Holdings Inc. grew its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% in the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock worth $366,000 after acquiring an additional 4,718 shares during the last quarter. CWM LLC increased its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 58.4% during the third quarter. CWM LLC now owns 125,315 shares of the company’s stock valued at $3,834,000 after acquiring an additional 46,185 shares in the last quarter. Greenwood Capital Associates LLC increased its holdings in shares of WisdomTree Emerging Markets Multifactor Fund by 20.4% during the third quarter. Greenwood Capital Associates LLC now owns 29,058 shares of the company’s stock valued at $889,000 after acquiring an additional 4,916 shares in the last quarter. Finally, Tidemark LLC raised its position in shares of WisdomTree Emerging Markets Multifactor Fund by 31.2% in the 3rd quarter. Tidemark LLC now owns 227,849 shares of the company’s stock worth $6,971,000 after purchasing an additional 54,181 shares during the last quarter.

WisdomTree Emerging Markets Multifactor Fund Company Profile

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.