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

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

Templeton Emerging Markets Fund Stock Performance

NYSE EMF opened at $13.15 on Thursday. Templeton Emerging Markets Fund has a fifty-two week low of $11.14 and a fifty-two week high of $14.44. The stock’s 50-day moving average is $12.39 and its two-hundred day moving average is $12.73.

Templeton Emerging Markets Fund Dividend Announcement

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

Institutional Investors Weigh In On Templeton Emerging Markets Fund

A number of large investors have recently added to or reduced their stakes in EMF. Family Firm Inc. lifted its position in Templeton Emerging Markets Fund by 0.3% during the 4th quarter. Family Firm Inc. now owns 268,707 shares of the financial services provider’s stock worth $3,211,000 after acquiring an additional 797 shares during the last quarter. HighTower Advisors LLC boosted its stake 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 purchasing an additional 819 shares during the period. Envestnet Asset Management Inc. grew its holdings in Templeton Emerging Markets Fund by 5.3% in the 4th quarter. Envestnet Asset Management Inc. now owns 65,562 shares of the financial services provider’s stock valued at $783,000 after buying an additional 3,300 shares during the last quarter. Park Avenue Securities LLC increased its position in Templeton Emerging Markets Fund by 7.4% in the 4th quarter. Park Avenue Securities LLC now owns 59,305 shares of the financial services provider’s stock worth $709,000 after buying an additional 4,101 shares during the period. Finally, Calamos Advisors LLC boosted its position in shares of Templeton Emerging Markets Fund by 23.8% in the fourth quarter. Calamos Advisors LLC now owns 22,343 shares of the financial services provider’s stock valued at $267,000 after acquiring an additional 4,295 shares during the period. 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.