WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Large Decline in Short Interest

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 39,276 shares, a decline of 45.0% from the January 29th total of 71,353 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 65,800 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily trading volume, of 65,800 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of WisdomTree U.S. High Dividend Fund

Hedge funds have recently bought and sold shares of the stock. Orion Capital Management LLC purchased a new position in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter valued at about $25,000. Private Trust Co. NA lifted its holdings in WisdomTree U.S. High Dividend Fund by 136.7% during the third quarter. Private Trust Co. NA now owns 284 shares of the company’s stock valued at $29,000 after purchasing an additional 164 shares in the last quarter. Financial Consulate Inc. bought a new position in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth approximately $30,000. Assetmark Inc. increased its stake in shares of WisdomTree U.S. High Dividend Fund by 4,166.7% in the third quarter. Assetmark Inc. now owns 512 shares of the company’s stock worth $52,000 after purchasing an additional 500 shares in the last quarter. Finally, Westfuller Advisors LLC purchased a new stake in shares of WisdomTree U.S. High Dividend Fund in the third quarter worth $61,000.

WisdomTree U.S. High Dividend Fund Trading Up 0.0%

DHS stock traded up $0.04 during midday trading on Friday, reaching $112.73. 24,979 shares of the company’s stock traded hands, compared to its average volume of 40,651. WisdomTree U.S. High Dividend Fund has a 52-week low of $85.68 and a 52-week high of $114.22. The stock has a market cap of $1.45 billion, a P/E ratio of 15.51 and a beta of 0.70. The stock’s 50-day moving average is $107.49 and its 200 day moving average is $102.95.

WisdomTree U.S. High Dividend Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, February 26th. Investors of record on Tuesday, February 24th were issued a $0.155 dividend. This represents a c) dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, February 24th.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.