WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Stock Short Interest Jumps 388.9%

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 246,202 shares, an increase of 388.9% from the August 31st total of 50,358 shares. Based on an average trading volume of 188,260 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.3% of the company’s shares are sold short.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

DEM stock opened at $55.92 on Friday. The company has a 50 day moving average price of $55.07 and a two-hundred day moving average price of $53.52. The stock has a market capitalization of $4.20 billion, a P/E ratio of 9.40 and a beta of 0.56. WisdomTree Emerging Markets High Dividend Fund has a one year low of $44.23 and a one year high of $57.41.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Institutional investors have recently added to or reduced their stakes in the business. Maseco LLP grew its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 13.2% in the first quarter. Maseco LLP now owns 1,787 shares of the company’s stock worth $89,000 after acquiring an additional 209 shares during the last quarter. Acorn Wealth Advisors LLC raised its stake in WisdomTree Emerging Markets High Dividend Fund by 3.3% during the 2nd quarter. Acorn Wealth Advisors LLC now owns 6,682 shares of the company’s stock valued at $359,000 after purchasing an additional 213 shares during the last quarter. Berger Financial Group Inc raised its stake in WisdomTree Emerging Markets High Dividend Fund by 1.9% during the 1st quarter. Berger Financial Group Inc now owns 11,559 shares of the company’s stock valued at $574,000 after purchasing an additional 218 shares during the last quarter. PNC Financial Services Group Inc. boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 3.5% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,000 shares of the company’s stock valued at $327,000 after purchasing an additional 239 shares during the period. Finally, Kintra Wealth LLC boosted its holdings in WisdomTree Emerging Markets High Dividend Fund by 4.0% in the 2nd quarter. Kintra Wealth LLC now owns 6,623 shares of the company’s stock valued at $363,000 after purchasing an additional 252 shares during the period. 58.33% of the stock is currently owned by institutional investors and hedge funds.

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.