WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Sees Significant Decline in Short Interest

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 2,026 shares, a decrease of 55.1% from the August 15th total of 4,512 shares. Based on an average daily volume of 8,559 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of WisdomTree Global High Dividend Fund

Institutional investors have recently bought and sold shares of the stock. Royal Bank of Canada increased its position in WisdomTree Global High Dividend Fund by 13.2% during the first quarter. Royal Bank of Canada now owns 2,950 shares of the company’s stock valued at $196,000 after acquiring an additional 343 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in shares of WisdomTree Global High Dividend Fund by 31.6% in the 1st quarter. Bank of New York Mellon Corp now owns 37,144 shares of the company’s stock worth $2,464,000 after acquiring an additional 8,926 shares during the last quarter. Asset Dedication LLC lifted its holdings in shares of WisdomTree Global High Dividend Fund by 0.6% in the 1st quarter. Asset Dedication LLC now owns 31,784 shares of the company’s stock worth $2,108,000 after acquiring an additional 178 shares during the last quarter. Gateway Wealth Partners LLC purchased a new position in shares of WisdomTree Global High Dividend Fund during the 1st quarter worth about $356,000. Finally, Fifth Third Bancorp purchased a new position in shares of WisdomTree Global High Dividend Fund during the 1st quarter worth about $90,000.

WisdomTree Global High Dividend Fund Price Performance

Shares of NYSEARCA:DEW traded down $0.02 during trading on Tuesday, hitting $71.91. The company had a trading volume of 3,661 shares, compared to its average volume of 5,860. The stock has a market cap of $154.61 million, a price-to-earnings ratio of 13.20 and a beta of 0.59. The company has a fifty day simple moving average of $71.89 and a two-hundred day simple moving average of $69.31. WisdomTree Global High Dividend Fund has a one year low of $58.66 and a one year high of $73.51.

WisdomTree Global High Dividend Fund Company Profile

WisdomTree Global Equity Income Fund (the Fund), formerly WisdomTree Europe Equity Income Fund, seeks investment results that closely correspond to the price and yield performance of the WisdomTree Global High-Yielding Equity Index (the Index). The Index is a fundamentally weighted index that measures the performance of high dividend-yielding companies selected from the WisdomTree Global Dividend Index, which measures the performance of dividend-paying companies in the United States, developed and emerging markets.