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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 499,306 shares, an increase of 102.8% from the September 15th total of 246,202 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average daily volume of 207,112 shares, the days-to-cover ratio is currently 2.4 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Bank of America Corp DE raised its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 19.6% in the first quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock valued at $352,835,000 after acquiring an additional 1,165,485 shares during the period. Envestnet Asset Management Inc. boosted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 3.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,407,570 shares of the company’s stock worth $75,713,000 after purchasing an additional 41,725 shares during the period. Royal Bank of Canada boosted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 4.7% during the 1st quarter. Royal Bank of Canada now owns 694,797 shares of the company’s stock worth $34,526,000 after purchasing an additional 31,348 shares during the period. Kestra Advisory Services LLC boosted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 39.2% during the 1st quarter. Kestra Advisory Services LLC now owns 445,572 shares of the company’s stock worth $22,140,000 after purchasing an additional 125,463 shares during the period. Finally, Baird Financial Group Inc. boosted its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 7.4% during the 2nd quarter. Baird Financial Group Inc. now owns 287,923 shares of the company’s stock worth $15,487,000 after purchasing an additional 19,873 shares during the period. 58.33% of the stock is owned by hedge funds and other institutional investors.

WisdomTree Emerging Markets High Dividend Fund Trading Down 0.9%

Shares of NYSEARCA DEM traded down $0.51 during trading hours on Wednesday, hitting $55.05. 25,581 shares of the company traded hands, compared to its average volume of 257,202. The company’s 50 day moving average price is $55.62 and its 200 day moving average price is $54.09. WisdomTree Emerging Markets High Dividend Fund has a 12 month low of $45.00 and a 12 month high of $57.41. The stock has a market capitalization of $4.15 billion, a price-to-earnings ratio of 9.40 and a beta of 0.56.

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.