Short Interest in Templeton Emerging Markets Fund (NYSE:EMF) Drops By 11.5%

Templeton Emerging Markets Fund (NYSE:EMF - Get Free Report) was the recipient of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 10,000 shares, a decline of 11.5% from the January 31st total of 11,300 shares. Based on an average daily trading volume, of 47,000 shares, the short-interest ratio is currently 0.2 days.

Templeton Emerging Markets Fund Trading Up 0.4 %

Shares of NYSE EMF traded up $0.05 during trading on Friday, reaching $13.10. The company had a trading volume of 37,862 shares, compared to its average volume of 29,984. The company's fifty day moving average price is $12.45 and its 200-day moving average price is $12.74. Templeton Emerging Markets Fund has a 12 month low of $11.14 and a 12 month high of $14.44.

Institutional Investors Weigh In On Templeton Emerging Markets Fund

Institutional investors have recently made changes to their positions in the stock. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Templeton Emerging Markets Fund in the 4th quarter valued at about $59,000. Modern Wealth Management LLC bought a new stake in shares of Templeton Emerging Markets Fund during the 4th quarter valued at about $143,000. HighTower Advisors LLC boosted its position in shares of Templeton Emerging Markets Fund by 6.3% during the 3rd quarter. HighTower Advisors LLC now owns 13,918 shares of the financial services provider's stock valued at $182,000 after purchasing an additional 819 shares in the last quarter. Calamos Advisors LLC boosted its position in shares of Templeton Emerging Markets Fund by 23.8% during the 4th quarter. Calamos Advisors LLC now owns 22,343 shares of the financial services provider's stock valued at $267,000 after purchasing an additional 4,295 shares in the last quarter. Finally, LPL Financial LLC bought a new stake in shares of Templeton Emerging Markets Fund during the 4th quarter valued at about $278,000. Institutional investors own 49.86% of the company's stock.

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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.