WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Shares Shorted: Short Interest Up 117.9% in October

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,527 shares, an increase of 117.9% from the September 30th total of 1,619 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 12,185 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp raised its holdings in WisdomTree Global High Dividend Fund by 31.6% during the 1st quarter. Bank of New York Mellon Corp now owns 37,144 shares of the company’s stock valued at $2,464,000 after buying an additional 8,926 shares during the last quarter. Gateway Wealth Partners LLC purchased a new stake in WisdomTree Global High Dividend Fund in the first quarter worth $356,000. Stonebridge Wealth Management LLC boosted its holdings in WisdomTree Global High Dividend Fund by 4.1% in the third quarter. Stonebridge Wealth Management LLC now owns 95,907 shares of the company’s stock valued at $6,610,000 after acquiring an additional 3,806 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of WisdomTree Global High Dividend Fund in the 1st quarter worth about $90,000. Finally, SBI Securities Co. Ltd. boosted its stake in shares of WisdomTree Global High Dividend Fund by 9.7% during the 3rd quarter. SBI Securities Co. Ltd. now owns 4,152 shares of the company’s stock valued at $286,000 after purchasing an additional 366 shares in the last quarter.

WisdomTree Global High Dividend Fund Stock Up 0.1%

DEW traded up $0.07 during trading on Friday, reaching $72.40. 2,428 shares of the company were exchanged, compared to its average volume of 6,532. WisdomTree Global High Dividend Fund has a 12-month low of $58.85 and a 12-month high of $73.51. The company’s 50-day moving average is $71.21 and its two-hundred day moving average is $69.00. The company has a market cap of $199.10 million, a price-to-earnings ratio of 13.20 and a beta of 0.59.

About WisdomTree Global High Dividend Fund

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.