Short Interest in WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) Declines By 36.1%

WisdomTree Emerging Markets Multifactor Fund (NYSEARCA:EMMF) saw a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 11,560 shares, a drop of 36.1% from the January 15th total of 18,077 shares. Currently, 0.3% of the company’s shares are sold short. Based on an average trading volume of 14,468 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 14,468 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.3% of the company’s shares are sold short.

WisdomTree Emerging Markets Multifactor Fund Stock Performance

Shares of NYSEARCA EMMF traded up $0.09 during mid-day trading on Friday, reaching $34.93. 10,527 shares of the company’s stock were exchanged, compared to its average volume of 13,778. The company’s 50-day moving average is $32.92 and its 200-day moving average is $31.39. The firm has a market capitalization of $157.19 million, a price-to-earnings ratio of 12.96 and a beta of 0.50. WisdomTree Emerging Markets Multifactor Fund has a 52-week low of $23.93 and a 52-week high of $36.93.

WisdomTree Emerging Markets Multifactor Fund Dividend Announcement

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

Hedge Funds Weigh In On WisdomTree Emerging Markets Multifactor Fund

Large investors have recently made changes to their positions in the stock. CWM LLC purchased a new position in shares of WisdomTree Emerging Markets Multifactor Fund during the 2nd quarter worth approximately $2,284,000. Resolute Wealth Strategies LLC lifted 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 worth $431,000 after purchasing an additional 2,370 shares in the last quarter. Osaic Holdings Inc. boosted its position in shares of WisdomTree Emerging Markets Multifactor Fund by 59.3% during the second quarter. Osaic Holdings Inc. now owns 12,678 shares of the company’s stock worth $366,000 after buying an additional 4,718 shares during the period. Greenwood Capital Associates LLC grew its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 20.4% in the third quarter. Greenwood Capital Associates LLC now owns 29,058 shares of the company’s stock valued at $889,000 after buying an additional 4,916 shares in the last quarter. Finally, Tidemark LLC grew its stake in shares of WisdomTree Emerging Markets Multifactor Fund by 31.2% in the third quarter. Tidemark LLC now owns 227,849 shares of the company’s stock valued at $6,971,000 after buying an additional 54,181 shares in the last quarter.

About WisdomTree Emerging Markets Multifactor Fund

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.