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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the target of a large drop in short interest in June. As of June 30th, there was short interest totaling 148,581 shares, a drop of 44.5% from the June 15th total of 267,889 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 248,019 shares, the days-to-cover ratio is presently 0.6 days.

WisdomTree Emerging Markets High Dividend Fund Trading Down 0.7%

Shares of NYSEARCA DEM traded down $0.38 during mid-day trading on Friday, reaching $52.80. The company had a trading volume of 113,332 shares, compared to its average volume of 264,621. The company has a 50-day moving average price of $54.39 and a two-hundred day moving average price of $51.56. The stock has a market cap of $3.84 billion, a PE ratio of 9.40 and a beta of 0.55. WisdomTree Emerging Markets High Dividend Fund has a 1-year low of $44.23 and a 1-year high of $56.53.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Institutional investors have recently bought and sold shares of the stock. Investors Research Corp lifted its stake in WisdomTree Emerging Markets High Dividend Fund by 8.4% during the second quarter. Investors Research Corp now owns 88,578 shares of the company’s stock valued at $4,765,000 after buying an additional 6,833 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 10.0% in the second quarter. Wealthcare Advisory Partners LLC now owns 26,811 shares of the company’s stock worth $1,442,000 after buying an additional 2,442 shares during the period. Next Level Private LLC increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 1.3% in the second quarter. Next Level Private LLC now owns 19,145 shares of the company’s stock worth $1,030,000 after acquiring an additional 254 shares in the last quarter. Evanson Financial LLC purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter worth approximately $1,113,000. Finally, Dynamic Advisor Solutions LLC increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 2.8% in the second quarter. Dynamic Advisor Solutions LLC now owns 45,416 shares of the company’s stock worth $2,443,000 after acquiring an additional 1,248 shares in the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Company Profile

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.