WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Sees Large Drop in Short Interest

Key Points

• Short interest fell 41.5% to 507 shares as of September 15, down from 867 shares at the end of August. The days-to-cover ratio was 0.2 days, with virtually none of EMCB’s shares sold short.
• EMCB shares declined 0.7% to $63.88, near the fund’s 52-week low of $63.81, compared with a 52-week high of $69.25.
• Several institutional investors increased their positions, including Integrated Wealth Concepts, Anderson Financial Strategies, Kestra Advisory Services, and Moody National Bank; Schwallier Wealth Management initiated a new position.

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB - ) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 507 shares, a decrease of 41.5% from the August 31st total of 867 shares. Based on an average daily trading volume, of 3,225 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

WisdomTree Emerging Markets Corporate Bond Fund Stock Down 0.7%

WisdomTree Emerging Markets Corporate Bond Fund stock traded down $0.42 during midday trading on Wednesday, hitting $63.88. 6,832 shares of the company were exchanged, compared to its average volume of 5,345. WisdomTree Emerging Markets Corporate Bond Fund has a fifty-two week low of $63.81 and a fifty-two week high of $69.25. The business has a fifty day simple moving average of $65.56 and a two-hundred day simple moving average of $66.00.

Institutional Investors Weigh In On WisdomTree Emerging Markets Corporate Bond Fund

Several hedge funds have recently bought and sold shares of EMCB. Integrated Wealth Concepts LLC increased its holdings in shares of WisdomTree Emerging Markets Corporate Bond Fund by 1.8% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 220,919 shares of the company's stock valued at $14,620,000 after purchasing an additional 3,943 shares in the last quarter. Anderson Financial Strategies LLC boosted its holdings in WisdomTree Emerging Markets Corporate Bond Fund by 4.8% during the fourth quarter. Anderson Financial Strategies LLC now owns 58,086 shares of the company's stock worth $3,889,000 after buying an additional 2,652 shares in the last quarter. Kestra Advisory Services LLC grew its position in WisdomTree Emerging Markets Corporate Bond Fund by 12.8% during the first quarter. Kestra Advisory Services LLC now owns 31,575 shares of the company's stock valued at $2,069,000 after buying an additional 3,573 shares during the period. Moody National Bank Trust Division grew its position in WisdomTree Emerging Markets Corporate Bond Fund by 10.4% during the second quarter. Moody National Bank Trust Division now owns 25,624 shares of the company's stock valued at $1,696,000 after buying an additional 2,414 shares during the period. Finally, Schwallier Wealth Management LLC purchased a new position in WisdomTree Emerging Markets Corporate Bond Fund in the first quarter valued at $1,602,000.

WisdomTree Emerging Markets Corporate Bond Fund Company Profile

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.

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