WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Sees Significant Decrease in Short Interest

Key Points

• Short interest fell 78.6% to 162 shares as of October 15, down from 757 shares on September 30. Short interest represents approximately 0.0% of EMCB’s shares.
• EMCB opened at $64.07, below its 50-day moving average of $64.92 and 200-day moving average of $66.06; its 52-week range is $63.49 to $69.25.
• Several institutional investors increased or initiated positions in the fund, including Moody National Bank Trust Division, Kestra Advisory Services, Fermata Advisors, Fifth Third Bancorp, and Cetera Investment Advisers.

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB - ) was the target of a large decline in short interest in October. As of October 15th, there was short interest totaling 162 shares, a decline of 78.6% from the September 30th total of 757 shares. Based on an average daily trading volume, of 7,685 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are short sold.

WisdomTree Emerging Markets Corporate Bond Fund Price Performance

EMCB opened at $64.07 on Tuesday. The business's fifty day simple moving average is $64.92 and its 200 day simple moving average is $66.06. WisdomTree Emerging Markets Corporate Bond Fund has a 52 week low of $63.49 and a 52 week high of $69.25.

Hedge Funds Weigh In On WisdomTree Emerging Markets Corporate Bond Fund

A number of large investors have recently modified their holdings of the company. Fermata Advisors LLC raised its position in WisdomTree Emerging Markets Corporate Bond Fund by 11.7% during the 2nd quarter. Fermata Advisors LLC now owns 3,747 shares of the company's stock valued at $248,000 after purchasing an additional 391 shares during the last quarter. Fifth Third Bancorp purchased a new stake in WisdomTree Emerging Markets Corporate Bond Fund in the 1st quarter worth approximately $50,000. Moody National Bank Trust Division grew its position in shares of WisdomTree Emerging Markets Corporate Bond Fund by 10.4% in the 2nd quarter. Moody National Bank Trust Division now owns 25,624 shares of the company's stock worth $1,696,000 after buying an additional 2,414 shares during the last quarter. Cetera Investment Advisers bought a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund in the 1st quarter worth approximately $216,000. Finally, Kestra Advisory Services LLC increased its stake in shares of 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.

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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