WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Short Interest Update

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 267,889 shares, an increase of 75.0% from the May 31st total of 153,097 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 184,169 shares, the short-interest ratio is presently 1.5 days.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

DEM stock opened at $53.38 on Friday. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 9.40 and a beta of 0.55. The business’s 50 day moving average price is $54.15 and its two-hundred day moving average price is $51.07. WisdomTree Emerging Markets High Dividend Fund has a fifty-two week low of $44.23 and a fifty-two week high of $56.53.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently added to or reduced their stakes in DEM. CX Institutional boosted its stake in WisdomTree Emerging Markets High Dividend Fund by 2.1% in the 2nd quarter. CX Institutional now owns 35,940 shares of the company’s stock worth $1,933,000 after purchasing an additional 750 shares in the last quarter. Empowered Funds LLC bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund during the 1st quarter valued at $6,203,000. Rathbones Group PLC boosted its position in WisdomTree Emerging Markets High Dividend Fund by 74.3% in the first quarter. Rathbones Group PLC now owns 35,868 shares of the company’s stock worth $1,782,000 after purchasing an additional 15,293 shares during the last quarter. Pine Valley Investments Ltd Liability Co purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the first quarter worth approximately $255,000. Finally, NewEdge Advisors LLC grew its position in shares of WisdomTree Emerging Markets High Dividend Fund by 14.6% during the 1st quarter. NewEdge Advisors LLC now owns 9,051 shares of the company’s stock valued at $450,000 after acquiring an additional 1,151 shares during the period. 58.33% of the stock is owned by institutional investors.

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.