WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 5,298 shares, a drop of 77.6% from the July 15th total of 23,684 shares. Based on an average trading volume of 13,566 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.
WisdomTree Emerging Markets Local Debt Fund Price Performance
WisdomTree Emerging Markets Local Debt Fund stock traded down $0.01 during trading hours on Thursday, reaching $28.83. The company had a trading volume of 11,695 shares, compared to its average volume of 43,499. WisdomTree Emerging Markets Local Debt Fund has a 12-month low of $27.12 and a 12-month high of $30.29. The company has a 50-day moving average price of $28.71 and a 200 day moving average price of $28.92.
Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund
A number of large investors have recently added to or reduced their stakes in the company. Harbour Investments Inc. raised its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% during the fourth quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock valued at $189,000 after acquiring an additional 664 shares during the last quarter. Osaic Holdings Inc. raised its position in WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the 2nd quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock valued at $184,000 after purchasing an additional 6,349 shares during the last quarter. Gateway Wealth Partners LLC bought a new position in WisdomTree Emerging Markets Local Debt Fund during the 1st quarter valued at approximately $204,000. Moors & Cabot Inc. lifted its holdings in WisdomTree Emerging Markets Local Debt Fund by 6.3% in the 3rd quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock worth $221,000 after buying an additional 454 shares during the period. Finally, Baker Ellis Asset Management LLC purchased a new stake in WisdomTree Emerging Markets Local Debt Fund in the 1st quarter worth approximately $225,000.
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.
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