WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Short Interest Update

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the target of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 27,543 shares, a drop of 44.0% from the April 30th total of 49,221 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily volume of 32,664 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Investors Weigh In On WisdomTree U.S. High Dividend Fund

A number of large investors have recently bought and sold shares of DHS. NewEdge Advisors LLC grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 809.2% during the first quarter. NewEdge Advisors LLC now owns 78,542 shares of the company’s stock valued at $8,578,000 after buying an additional 69,903 shares during the last quarter. Compass Capital Management Inc. acquired a new position in shares of WisdomTree U.S. High Dividend Fund during the first quarter valued at about $328,000. Western Wealth Management LLC grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 3.1% during the first quarter. Western Wealth Management LLC now owns 3,871 shares of the company’s stock valued at $423,000 after buying an additional 118 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 3.3% during the first quarter. Bank of America Corp DE now owns 457,448 shares of the company’s stock valued at $49,963,000 after buying an additional 14,519 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of WisdomTree U.S. High Dividend Fund by 4.1% during the first quarter. Royal Bank of Canada now owns 66,825 shares of the company’s stock valued at $7,298,000 after buying an additional 2,653 shares during the last quarter.

WisdomTree U.S. High Dividend Fund Stock Up 1.1%

NYSEARCA:DHS traded up $1.26 during trading hours on Thursday, reaching $111.71. The company had a trading volume of 10,558 shares, compared to its average volume of 34,846. The firm has a market cap of $1.47 billion, a price-to-earnings ratio of 15.51 and a beta of 0.60. The business’s 50-day simple moving average is $110.42 and its two-hundred day simple moving average is $107.60. WisdomTree U.S. High Dividend Fund has a twelve month low of $93.90 and a twelve month high of $114.22.

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.