Short Interest in WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Drops By 57.2%

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the recipient of a significant decline in short interest in February. As of February 27th, there was short interest totaling 7,974 shares, a decline of 57.2% from the February 12th total of 18,615 shares. Currently, 0.3% of the company’s stock are short sold. Based on an average trading volume of 47,435 shares, the days-to-cover ratio is currently 0.2 days. Based on an average trading volume of 47,435 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC bought a new position in shares of WisdomTree Emerging Markets Local Debt Fund in the fourth quarter valued at $29,000. Evolution Wealth Management Inc. bought a new stake in shares of WisdomTree Emerging Markets Local Debt Fund during the second quarter worth about $97,000. Harbour Investments Inc. increased its position in shares of WisdomTree Emerging Markets Local Debt Fund by 11.4% during the fourth quarter. Harbour Investments Inc. now owns 6,476 shares of the company’s stock worth $189,000 after acquiring an additional 664 shares in the last quarter. Osaic Holdings Inc. raised its holdings 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 worth $184,000 after acquiring an additional 6,349 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings 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 worth $192,000 after acquiring an additional 694 shares during the last quarter.

WisdomTree Emerging Markets Local Debt Fund Stock Up 0.9%

Shares of NYSEARCA:ELD opened at $29.15 on Wednesday. WisdomTree Emerging Markets Local Debt Fund has a twelve month low of $25.18 and a twelve month high of $30.29. The stock’s 50 day moving average is $29.59 and its 200-day moving average is $29.05.

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.