WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sees Large Decline in Short Interest

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) saw a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 153,097 shares, a drop of 85.2% from the May 14th total of 1,036,322 shares. Based on an average daily volume of 234,432 shares, the short-interest ratio is presently 0.7 days. Approximately 0.2% of the shares of the stock are sold short.

WisdomTree Emerging Markets High Dividend Fund Stock Up 2.6%

Shares of DEM traded up $1.38 during midday trading on Thursday, hitting $55.27. The company’s stock had a trading volume of 137,760 shares, compared to its average volume of 274,399. WisdomTree Emerging Markets High Dividend Fund has a one year low of $44.23 and a one year high of $56.53. The company’s fifty day simple moving average is $53.05 and its two-hundred day simple moving average is $50.22. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 9.40 and a beta of 0.55.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds and other institutional investors have recently modified their holdings of the business. Jones Financial Companies Lllp boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 122.6% during the 1st quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock valued at $814,000 after acquiring an additional 10,656 shares in the last quarter. Brown Advisory Inc. boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 37.5% during the 2nd quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock valued at $311,000 after acquiring an additional 1,869 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 10.2% during the 2nd quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock valued at $26,833,000 after acquiring an additional 54,959 shares in the last quarter. Ausdal Financial Partners Inc. acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the 2nd quarter valued at $202,000. Finally, EP Wealth Advisors LLC acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the 2nd quarter valued at $157,000. Institutional investors own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

WisdomTree Emerging Markets Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Emerging Markets Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of the highest dividend yielding stocks selected from the WisdomTree Emerging Markets Dividend Index. At the index measurement date, companies within the WisdomTree Emerging Markets Dividend Index are ranked by dividend yield.