Short Interest in Templeton Emerging Markets Fund (NYSE:EMF) Increases By 51.1%

Templeton Emerging Markets Fund (NYSE:EMF) was the recipient of a large growth in short interest in 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.

Hedge Funds Weigh In On Templeton Emerging Markets Fund

Large investors have recently modified their holdings of the business. Uncommon Cents Investing LLC boosted its holdings in Templeton Emerging Markets Fund by 17.9% in 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. Park Avenue Securities LLC boosted its holdings in shares of Templeton Emerging Markets Fund by 7.4% in the fourth quarter. Park Avenue Securities LLC now owns 59,305 shares of the financial services provider’s stock worth $709,000 after acquiring an additional 4,101 shares during the period. Kovitz Investment Group Partners LLC bought a new position in shares of Templeton Emerging Markets Fund in the third quarter worth $5,455,000. HighTower Advisors LLC grew its holdings in 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 buying an additional 819 shares in the last quarter. Finally, Wolverine Asset Management LLC increased its position in shares of Templeton Emerging Markets Fund by 25.0% during the third 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 period. Hedge funds and other institutional investors own 49.86% of the company’s stock.

Templeton Emerging Markets Fund Trading Up 0.5 %

Shares of NYSE:EMF traded up $0.07 during mid-day trading on Friday, reaching $12.07. The company had a trading volume of 51,683 shares, compared to its average volume of 50,217. Templeton Emerging Markets Fund has a one year low of $10.70 and a one year high of $14.44. The company’s 50-day moving average price is $12.35 and its 200-day moving average price is $12.71.

Templeton Emerging Markets Fund Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 16th were issued a dividend of $0.5114 per share. This represents a 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.