Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Decreases By 19.6%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a significant decline in short interest during the month of April. As of April 15th, there was short interest totaling 5,732 shares, a decline of 19.6% from the March 31st total of 7,131 shares. Based on an average daily volume of 18,289 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On WisdomTree Emerging Markets Local Debt Fund

Institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC acquired a new position in shares of WisdomTree Emerging Markets Local Debt Fund during the fourth quarter valued at about $29,000. Harbour Investments Inc. raised its holdings 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 purchasing an additional 664 shares during the period. Osaic Holdings Inc. raised its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 2,748.5% during the second 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 period. Smartleaf Asset Management LLC raised its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 11.6% during the third quarter. Smartleaf Asset Management LLC now owns 6,702 shares of the company’s stock valued at $192,000 after purchasing an additional 694 shares during the period. Finally, Moors & Cabot Inc. raised its holdings in shares of 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 acquiring an additional 454 shares during the last quarter.

WisdomTree Emerging Markets Local Debt Fund Stock Performance

ELD traded up $0.26 during trading on Thursday, reaching $28.82. 690,739 shares of the stock traded hands, compared to its average volume of 52,094. The stock’s 50-day moving average is $28.84 and its 200 day moving average is $29.04. WisdomTree Emerging Markets Local Debt Fund has a 12 month low of $25.52 and a 12 month high of $30.29.

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.