WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sees Significant Drop in Short Interest

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 153,097 shares, a decline of 85.2% from the May 14th total of 1,036,322 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 234,432 shares, the days-to-cover ratio is presently 0.7 days.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several institutional investors and hedge funds have recently added to or reduced their stakes in DEM. Capital Investment Advisory Services LLC increased its position in WisdomTree Emerging Markets High Dividend Fund by 173.5% during the 3rd quarter. Capital Investment Advisory Services LLC now owns 547 shares of the company’s stock worth $25,000 after purchasing an additional 347 shares during the period. Hantz Financial Services Inc. grew its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 172.6% during the 4th quarter. Hantz Financial Services Inc. now owns 646 shares of the company’s stock worth $30,000 after purchasing an additional 409 shares during the period. Triumph Capital Management acquired a new position in shares of WisdomTree Emerging Markets High Dividend Fund during the 3rd quarter worth $65,000. Ameritas Advisory Services LLC grew its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 29.1% in the 3rd quarter. Ameritas Advisory Services LLC now owns 1,533 shares of the company’s stock worth $71,000 after acquiring an additional 346 shares during the period. Finally, Western Wealth Management LLC acquired a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $73,000. Institutional investors and hedge funds own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

Shares of DEM opened at $55.27 on Friday. The stock has a market capitalization of $3.95 billion, a P/E ratio of 9.40 and a beta of 0.55. The company’s fifty day moving average is $53.05 and its two-hundred day moving average is $50.22. WisdomTree Emerging Markets High Dividend Fund has a 1 year low of $44.23 and a 1 year high of $56.53.

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.