WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) Short Interest Down 58.8% in March

WisdomTree Emerging Markets Local Debt Fund (NYSEARCA:ELD) was the target of a large decline in short interest in March. As of March 13th, there was short interest totaling 3,286 shares, a decline of 58.8% from the February 26th total of 7,974 shares. Based on an average daily trading volume, of 29,217 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are sold short.

WisdomTree Emerging Markets Local Debt Fund Price Performance

Shares of ELD stock opened at $28.19 on Thursday. The company’s fifty day simple moving average is $29.40 and its two-hundred day simple moving average is $29.05. WisdomTree Emerging Markets Local Debt Fund has a 1 year low of $25.18 and a 1 year high of $30.29.

Institutional Investors Weigh In On WisdomTree Emerging Markets Local Debt Fund

Institutional investors and hedge funds have recently modified their holdings of the company. Rubicon Advisors GP bought a new position in WisdomTree Emerging Markets Local Debt Fund in the 4th quarter worth about $320,000. Osaic Holdings Inc. boosted its position in shares of WisdomTree Emerging Markets Local Debt Fund by 12.1% during the 4th quarter. Osaic Holdings Inc. now owns 106,976 shares of the company’s stock valued at $3,124,000 after acquiring an additional 11,589 shares during the last quarter. Royal Bank of Canada boosted its position in shares of WisdomTree Emerging Markets Local Debt Fund by 591.3% during the 4th quarter. Royal Bank of Canada now owns 29,081 shares of the company’s stock valued at $849,000 after acquiring an additional 24,874 shares during the last quarter. Vontobel Holding Ltd. grew its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 3.3% during the fourth quarter. Vontobel Holding Ltd. now owns 443,908 shares of the company’s stock worth $12,962,000 after purchasing an additional 14,045 shares in the last quarter. Finally, Wells Fargo & Company MN grew its holdings in shares of WisdomTree Emerging Markets Local Debt Fund by 6.0% during the fourth quarter. Wells Fargo & Company MN now owns 128,538 shares of the company’s stock worth $3,753,000 after purchasing an additional 7,314 shares in the last quarter.

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.