Short Interest in WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Increases By 109.5%

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 15,785 shares, a growth of 109.5% from the May 31st total of 7,536 shares. Based on an average trading volume of 2,118 shares, the short-interest ratio is currently 7.5 days. Approximately 0.8% of the shares of the company are sold short.

WisdomTree Global High Dividend Fund Stock Down 0.3%

Shares of WisdomTree Global High Dividend Fund stock traded down $0.23 during trading on Wednesday, reaching $68.46. The company’s stock had a trading volume of 2,509 shares, compared to its average volume of 5,028. The business has a 50 day moving average price of $68.59 and a 200-day moving average price of $66.56. The company has a market capitalization of $140.34 million, a P/E ratio of 13.20 and a beta of 0.60. WisdomTree Global High Dividend Fund has a 12-month low of $57.18 and a 12-month high of $70.22.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Asset Dedication LLC lifted its stake in 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 valued at $2,108,000 after buying an additional 178 shares in the last quarter. 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 worth $196,000 after buying an additional 343 shares in the last quarter. Gateway Wealth Partners LLC purchased a new position in WisdomTree Global High Dividend Fund during the first quarter worth $356,000. Bank of New York Mellon Corp raised its holdings in shares of WisdomTree Global High Dividend Fund by 31.6% in the first 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. Finally, Fifth Third Bancorp acquired a new position in shares of WisdomTree Global High Dividend Fund in the first quarter worth $90,000.

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.