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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 267,889 shares, an increase of 75.0% from the May 31st total of 153,097 shares. Based on an average trading volume of 184,169 shares, the short-interest ratio is presently 1.5 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Trading of WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently bought and sold shares of DEM. Empowered Funds LLC bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the first quarter worth about $6,203,000. Rathbones Group PLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 74.3% during the 1st quarter. Rathbones Group PLC now owns 35,868 shares of the company’s stock valued at $1,782,000 after buying an additional 15,293 shares in the last quarter. Pine Valley Investments Ltd Liability Co bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund during the 1st quarter valued at approximately $255,000. NewEdge Advisors LLC grew its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 14.6% during the 1st quarter. NewEdge Advisors LLC now owns 9,051 shares of the company’s stock valued at $450,000 after acquiring an additional 1,151 shares during the period. Finally, Norris Financial Group LLC purchased a new stake in WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth approximately $283,000. Institutional investors own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Price Performance

NYSEARCA:DEM opened at $53.85 on Thursday. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of 9.40 and a beta of 0.55. WisdomTree Emerging Markets High Dividend Fund has a one year low of $44.23 and a one year high of $56.53. The business has a fifty day moving average price of $54.12 and a 200-day moving average price of $51.03.

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.