Templeton Emerging Markets Fund (NYSE:EMF) Short Interest Update

Templeton Emerging Markets Fund (NYSE:EMF) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 13,900 shares, a growth of 51.1% from the December 15th total of 9,200 shares. Based on an average trading volume of 41,100 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. HighTower Advisors LLC lifted its holdings in shares of Templeton Emerging Markets Fund by 6.3% during the third quarter. HighTower Advisors LLC now owns 13,918 shares of the financial services provider’s stock worth $182,000 after purchasing an additional 819 shares during the period. Park Avenue Securities LLC raised its position in Templeton Emerging Markets Fund by 7.4% during the 4th quarter. Park Avenue Securities LLC now owns 59,305 shares of the financial services provider’s stock worth $709,000 after purchasing an additional 4,101 shares during the last quarter. Uncommon Cents Investing LLC lifted its holdings in Templeton Emerging Markets Fund by 17.9% during the 4th quarter. Uncommon Cents Investing LLC now owns 91,303 shares of the financial services provider’s stock worth $1,091,000 after buying an additional 13,890 shares during the period. Wolverine Asset Management LLC grew its position in shares of Templeton Emerging Markets Fund by 25.0% in the 3rd quarter. Wolverine Asset Management LLC now owns 71,552 shares of the financial services provider’s stock valued at $969,000 after buying an additional 14,312 shares during the last quarter. Finally, Logan Stone Capital LLC acquired a new stake in shares of Templeton Emerging Markets Fund in the second quarter valued at about $789,000. Institutional investors and hedge funds own 49.86% of the company’s stock.

Templeton Emerging Markets Fund Trading Up 0.5 %

EMF stock traded up $0.07 during midday trading on Friday, reaching $12.07. 51,683 shares of the stock were exchanged, compared to its average volume of 50,217. Templeton Emerging Markets Fund has a 52 week low of $10.70 and a 52 week high of $14.44. The company has a fifty day moving average price of $12.35 and a 200 day moving average price of $12.71.

Templeton Emerging Markets Fund Dividend Announcement

The company also recently declared an annual dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were paid a dividend of $0.5114 per share. This represents a dividend yield of 1.2%. The ex-dividend date was Monday, December 16th.

About Templeton Emerging Markets Fund

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.