WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Short Interest Up 89.0% in July

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 3,551 shares, a growth of 89.0% from the June 30th total of 1,879 shares. Based on an average daily trading volume, of 4,995 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. bought a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund in the 2nd quarter valued at about $43,000. Wealth Watch Advisors INC purchased a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund in the 3rd quarter worth approximately $38,000. Cetera Investment Advisers bought a new position in shares of WisdomTree Emerging Markets Corporate Bond Fund during the first quarter valued at approximately $216,000. Fifth Third Bancorp bought a new position in shares of WisdomTree Emerging Markets Corporate Bond Fund during the first quarter valued at approximately $50,000. Finally, Fermata Advisors LLC boosted its stake in shares of WisdomTree Emerging Markets Corporate Bond Fund by 11.7% during the second quarter. Fermata Advisors LLC now owns 3,747 shares of the company’s stock valued at $248,000 after purchasing an additional 391 shares in the last quarter.

WisdomTree Emerging Markets Corporate Bond Fund Stock Performance

Shares of WisdomTree Emerging Markets Corporate Bond Fund stock opened at $65.57 on Friday. WisdomTree Emerging Markets Corporate Bond Fund has a 12 month low of $64.58 and a 12 month high of $70.07. The stock’s fifty day moving average price is $66.18 and its 200-day moving average price is $66.47.

About WisdomTree Emerging Markets Corporate Bond Fund

The WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed ETF with a focus on investment- and non-investment-grade corporate debt of emerging-market countries. The fund manager may invest using derivatives. EMCB was launched on Mar 8, 2012 and is managed by WisdomTree.