Templeton Emerging Markets Fund (NYSE:EMF) Short Interest Up 242.9% in June

Templeton Emerging Markets Fund (NYSE:EMF) was the recipient of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 7,200 shares, an increase of 242.9% from the May 31st total of 2,100 shares. Based on an average daily trading volume, of 22,700 shares, the short-interest ratio is presently 0.3 days.

Institutional Investors Weigh In On Templeton Emerging Markets Fund

A number of large investors have recently made changes to their positions in EMF. Advantage Trust Co acquired a new stake in Templeton Emerging Markets Fund during the 4th quarter valued at approximately $29,000. FNY Investment Advisers LLC acquired a new position in shares of Templeton Emerging Markets Fund in the 4th quarter valued at about $29,000. Cetera Advisors LLC purchased a new stake in shares of Templeton Emerging Markets Fund in the first quarter worth about $190,000. AQR Arbitrage LLC grew its holdings in Templeton Emerging Markets Fund by 46.8% during the third quarter. AQR Arbitrage LLC now owns 39,250 shares of the financial services provider’s stock worth $444,000 after acquiring an additional 12,519 shares during the period. Finally, Capital Investment Advisors LLC raised its position in Templeton Emerging Markets Fund by 9.2% during the fourth quarter. Capital Investment Advisors LLC now owns 44,365 shares of the financial services provider’s stock valued at $518,000 after acquiring an additional 3,740 shares in the last quarter. 49.86% of the stock is owned by hedge funds and other institutional investors.

Templeton Emerging Markets Fund Trading Down 0.4 %

NYSE:EMF traded down $0.05 during mid-day trading on Friday, hitting $12.36. 11,599 shares of the company’s stock traded hands, compared to its average volume of 24,891. Templeton Emerging Markets Fund has a twelve month low of $10.58 and a twelve month high of $12.70. The company has a fifty day moving average of $12.20 and a 200 day moving average of $11.78.

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.