WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Sees Significant Growth in Short Interest

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) saw a significant growth in short interest in December. As of December 31st, there was short interest totaling 5,913 shares, a growth of 22.6% from the December 15th total of 4,824 shares. Based on an average daily volume of 19,004 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 19,004 shares, the short-interest ratio is presently 0.3 days.

WisdomTree Emerging Markets Local Debt Fund Price Performance

Shares of ELD opened at $29.41 on Wednesday. WisdomTree Emerging Markets Local Debt Fund has a 1-year low of $25.18 and a 1-year high of $29.94. The firm has a 50 day simple moving average of $29.03 and a 200-day simple moving average of $28.65.

Hedge Funds Weigh In On WisdomTree Emerging Markets Local Debt Fund

Institutional investors have recently made changes to their positions in the stock. Net Worth Advisory Group boosted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 5.6% during the fourth quarter. Net Worth Advisory Group now owns 12,612 shares of the company’s stock valued at $368,000 after acquiring an additional 667 shares during the last quarter. Elmwood Wealth Management Inc. lifted its holdings in WisdomTree Emerging Markets Local Debt Fund by 7.0% in the 4th quarter. Elmwood Wealth Management Inc. now owns 120,838 shares of the company’s stock valued at $3,528,000 after purchasing an additional 7,885 shares in the last quarter. Susquehanna International Group LLP boosted its stake in shares of WisdomTree Emerging Markets Local Debt Fund by 2.4% during the 3rd quarter. Susquehanna International Group LLP now owns 24,656 shares of the company’s stock worth $709,000 after purchasing an additional 577 shares during the last quarter. Moors & Cabot Inc. grew its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 6.3% during the third quarter. Moors & Cabot Inc. now owns 7,683 shares of the company’s stock worth $221,000 after buying an additional 454 shares in the last quarter. Finally, Bank of America Corp DE grew its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 2.7% during the third quarter. Bank of America Corp DE now owns 247,756 shares of the company’s stock worth $7,122,000 after buying an additional 6,543 shares in the last quarter.

About WisdomTree Emerging Markets Local Debt Fund

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.