Short Interest in Templeton Emerging Markets Fund (NYSE:EMF) Rises By 5.9%

Templeton Emerging Markets Fund (NYSE:EMF - Get Free Report) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 9,000 shares, a growth of 5.9% from the November 15th total of 8,500 shares. Based on an average trading volume of 33,300 shares, the short-interest ratio is currently 0.3 days.

Templeton Emerging Markets Fund Stock Down 0.1 %

Shares of EMF stock traded down $0.02 during trading hours on Monday, reaching $12.29. The stock had a trading volume of 66,210 shares, compared to its average volume of 25,748. The firm has a 50-day simple moving average of $12.99 and a 200-day simple moving average of $12.76. Templeton Emerging Markets Fund has a twelve month low of $10.68 and a twelve month high of $14.44.

Templeton Emerging Markets Fund Announces Dividend

The company also recently declared an annual dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th will be paid a $0.5114 dividend. The ex-dividend date is Monday, December 16th. This represents a dividend yield of 1.2%.

Institutional Investors Weigh In On Templeton Emerging Markets Fund

Hedge funds have recently made changes to their positions in the business. Kovitz Investment Group Partners LLC bought a new position in Templeton Emerging Markets Fund during the 3rd quarter valued at $5,455,000. City of London Investment Management Co. Ltd. raised its position in Templeton Emerging Markets Fund by 2.6% in the second quarter. City of London Investment Management Co. Ltd. now owns 3,730,251 shares of the financial services provider's stock worth $46,106,000 after acquiring an additional 94,263 shares in the last quarter. Logan Stone Capital LLC acquired a new stake in Templeton Emerging Markets Fund in the 2nd quarter valued at about $789,000. Allspring Global Investments Holdings LLC boosted its position in shares of Templeton Emerging Markets Fund by 5.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,088,484 shares of the financial services provider's stock valued at $13,454,000 after purchasing an additional 51,479 shares in the last quarter. Finally, Family Firm Inc. grew its position in Templeton Emerging Markets Fund by 23.6% in the second quarter. Family Firm Inc. now owns 260,795 shares of the financial services provider's stock worth $3,223,000 after buying an additional 49,746 shares during the last quarter. Institutional investors own 49.86% of the company's stock.

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.