Short Interest in Templeton Emerging Markets Fund (NYSE:EMF) Declines By 10.0%

Templeton Emerging Markets Fund (NYSE:EMF) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 4,500 shares, a decrease of 10.0% from the March 15th total of 5,000 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of Templeton Emerging Markets Fund

A number of large investors have recently bought and sold shares of the stock. BlackRock Inc. bought a new stake in Templeton Emerging Markets Fund during the 1st quarter worth approximately $27,000. Advantage Trust Co acquired a new position in Templeton Emerging Markets Fund in the fourth quarter worth $29,000. FNY Investment Advisers LLC bought a new stake in shares of Templeton Emerging Markets Fund during the fourth quarter worth $29,000. Royal Bank of Canada increased its stake in shares of Templeton Emerging Markets Fund by 19.4% in the fourth quarter. Royal Bank of Canada now owns 7,386 shares of the financial services provider’s stock valued at $86,000 after buying an additional 1,200 shares in the last quarter. Finally, Wolverine Asset Management LLC raised its holdings in shares of Templeton Emerging Markets Fund by 149.8% in the third quarter. Wolverine Asset Management LLC now owns 8,901 shares of the financial services provider’s stock valued at $101,000 after buying an additional 5,338 shares during the last quarter. 49.86% of the stock is currently owned by institutional investors.

Templeton Emerging Markets Fund Trading Up 0.4 %

Shares of EMF stock traded up $0.05 during trading hours on Wednesday, hitting $11.22. The company had a trading volume of 96,533 shares, compared to its average volume of 28,580. Templeton Emerging Markets Fund has a 12 month low of $10.58 and a 12 month high of $12.67. The firm’s fifty day moving average is $11.70 and its 200 day moving average is $11.49.

Templeton Emerging Markets Fund Company Profile

Templeton Emerging Markets Fund is a closed-ended equity mutual fund launched by Franklin Resources Inc The fund is managed by Templeton Asset Management Ltd. It invests in the public equity markets of emerging market countries across the globe. The fund seeks to invest in stocks of companies operating across diversified sectors.