WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB) Short Interest Down 96.1% in March

Key Points

• Short interest in WisdomTree Emerging Markets Corporate Bond Fund plunged by 96.1% in March to 668 shares, leaving 0.0% of shares sold short and a short-interest ratio of 0.1 days.
• Several institutions increased or opened positions—most notably Occidental Asset Management opened a new <$8.618M> position, while Integrated Wealth Concepts, LPL Financial, UBS and Rockefeller Capital all boosted their stakes.
• EMCB is an actively managed ETF focused on emerging‑market corporate debt (investment- and non‑investment‑grade) and was trading around $66.15 with a 12‑month range of $61.01–$70.07 and 50/200‑day moving averages near $66.6–66.9.

WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB - ) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totaling 668 shares, a decline of 96.1% from the March 15th total of 17,043 shares. Currently, 0.0% of the company's shares are sold short. Based on an average daily volume of 4,506 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Occidental Asset Management LLC bought a new position in WisdomTree Emerging Markets Corporate Bond Fund during the third quarter worth $8,618,000. Integrated Wealth Concepts LLC boosted its stake in WisdomTree Emerging Markets Corporate Bond Fund by 26.3% during the third quarter. Integrated Wealth Concepts LLC now owns 169,572 shares of the company's stock worth $11,354,000 after acquiring an additional 35,273 shares in the last quarter. LPL Financial LLC boosted its stake in WisdomTree Emerging Markets Corporate Bond Fund by 7.0% during the fourth quarter. LPL Financial LLC now owns 227,314 shares of the company's stock worth $15,110,000 after acquiring an additional 14,893 shares in the last quarter. UBS Group AG boosted its stake in WisdomTree Emerging Markets Corporate Bond Fund by 10.1% during the third quarter. UBS Group AG now owns 151,259 shares of the company's stock worth $10,128,000 after acquiring an additional 13,898 shares in the last quarter. Finally, Rockefeller Capital Management L.P. increased its position in WisdomTree Emerging Markets Corporate Bond Fund by 256.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 11,464 shares of the company's stock valued at $762,000 after buying an additional 8,246 shares in the last quarter.

WisdomTree Emerging Markets Corporate Bond Fund Stock Down 0.0%

Shares of NASDAQ EMCB traded down $0.03 during midday trading on Friday, reaching $66.15. The stock had a trading volume of 8,500 shares, compared to its average volume of 6,643. WisdomTree Emerging Markets Corporate Bond Fund has a twelve month low of $61.01 and a twelve month high of $70.07. The company's 50 day moving average price is $66.61 and its 200 day moving average price is $66.86.

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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