Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Declines By 19.6%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the recipient of a large drop in short interest in April. As of April 15th, there was short interest totaling 5,732 shares, a drop of 19.6% from the March 31st total of 7,131 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 18,289 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

Hedge funds and other institutional investors have recently made changes to their positions in the company. Sound Income Strategies LLC acquired a new stake in shares of WisdomTree Emerging Markets Local Debt Fund in the 4th quarter valued at $29,000. Harbour Investments Inc. increased its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% in the 4th quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock valued at $189,000 after buying an additional 664 shares during the period. Osaic Holdings Inc. increased its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 2,748.5% in the 2nd quarter. Osaic Holdings Inc. now owns 6,580 shares of the company’s stock valued at $184,000 after buying an additional 6,349 shares during the period. Smartleaf Asset Management LLC increased its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 11.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 6,702 shares of the company’s stock valued at $192,000 after buying an additional 694 shares during the period. Finally, Moors & Cabot Inc. increased its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 6.3% in the 3rd quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock valued at $221,000 after buying an additional 454 shares during the period.

WisdomTree Emerging Markets Local Debt Fund Trading Down 0.1%

ELD traded down $0.03 during midday trading on Friday, hitting $28.79. The company had a trading volume of 22,011 shares, compared to its average volume of 51,731. WisdomTree Emerging Markets Local Debt Fund has a twelve month low of $26.00 and a twelve month high of $30.29. The firm’s 50-day simple moving average is $28.84 and its 200-day simple moving average is $29.04.

WisdomTree Emerging Markets Local Debt Fund Company Profile

The WisdomTree Emerging Markets Local Debt Fund (ELD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed and invests in both investment- and non-investment-grade government and corporate bonds from emerging countries denominated in local currencies. ELD was launched on Aug 9, 2010 and is managed by WisdomTree.