WisdomTree Emerging Markets Corporate Bond Fund (NASDAQ:EMCB – Get Free Report) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 1,830 shares, an increase of 2,477.5% from the May 14th total of 71 shares. Based on an average daily volume of 3,867 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the company’s stock are sold short.
Hedge Funds Weigh In On WisdomTree Emerging Markets Corporate Bond Fund
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers purchased a new position in WisdomTree Emerging Markets Corporate Bond Fund in the 1st quarter valued at approximately $216,000. Schwallier Wealth Management LLC acquired a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund in the 1st quarter valued at $1,602,000. Fifth Third Bancorp purchased a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund during the 1st quarter worth $50,000. Kestra Advisory Services LLC lifted its position in shares of WisdomTree Emerging Markets Corporate Bond Fund by 12.8% during the 1st quarter. Kestra Advisory Services LLC now owns 31,575 shares of the company’s stock worth $2,069,000 after purchasing an additional 3,573 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV purchased a new stake in shares of WisdomTree Emerging Markets Corporate Bond Fund during the 1st quarter worth $221,000.
WisdomTree Emerging Markets Corporate Bond Fund Stock Performance
EMCB stock traded up $0.04 during midday trading on Wednesday, hitting $66.15. The company’s stock had a trading volume of 1,210 shares, compared to its average volume of 5,820. WisdomTree Emerging Markets Corporate Bond Fund has a 52-week low of $64.15 and a 52-week high of $70.07. The firm has a 50-day simple moving average of $66.23 and a 200-day simple moving average of $66.65.
About WisdomTree Emerging Markets Corporate Bond Fund
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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