WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) Sees Large Decline in Short Interest

WisdomTree Emerging Markets Efficient Core Fund (NYSEARCA:NTSE) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 2,586 shares, a decrease of 62.3% from the April 30th total of 6,855 shares. Based on an average trading volume of 2,945 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On WisdomTree Emerging Markets Efficient Core Fund

Hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the fourth quarter worth $117,000. Fermata Advisors LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the fourth quarter worth $209,000. Jane Street Group LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the first quarter worth $373,000. Citadel Advisors LLC acquired a new position in shares of WisdomTree Emerging Markets Efficient Core Fund during the third quarter worth $619,000. Finally, Drive Wealth Management LLC lifted its holdings in shares of WisdomTree Emerging Markets Efficient Core Fund by 10.7% during the fourth quarter. Drive Wealth Management LLC now owns 20,453 shares of the company’s stock worth $772,000 after purchasing an additional 1,984 shares during the period.

WisdomTree Emerging Markets Efficient Core Fund Stock Performance

Shares of NYSEARCA:NTSE opened at $48.56 on Friday. The firm has a market cap of $58.27 million, a PE ratio of 13.27 and a beta of 0.81. The firm’s fifty day moving average is $43.61 and its 200-day moving average is $41.10. WisdomTree Emerging Markets Efficient Core Fund has a 52 week low of $31.03 and a 52 week high of $48.73.

About WisdomTree Emerging Markets Efficient Core Fund

The WisdomTree Emerging Markets Efficient Core Fund (NTSE) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed portfolio of Emerging market equities and US Treasury futures contracts. NTSE was launched on May 20, 2021 and is managed by WisdomTree.