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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a large 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. Currently, 0.3% of the company’s shares are sold short. Based on an average daily volume of 188,260 shares, the days-to-cover ratio is presently 1.3 days.

WisdomTree Emerging Markets High Dividend Fund Trading Down 0.6%

NYSEARCA:DEM traded down $0.34 during midday trading on Friday, hitting $55.96. 115,528 shares of the company traded hands, compared to its average volume of 257,538. The firm has a market capitalization of $4.20 billion, a P/E ratio of 9.40 and a beta of 0.56. The firm’s fifty day moving average is $55.14 and its 200-day moving average is $53.53. WisdomTree Emerging Markets High Dividend Fund has a 12-month low of $44.23 and a 12-month high of $57.41.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in DEM. Tucker Asset Management LLC bought a new stake in shares of WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter worth about $26,000. Hantz Financial Services Inc. grew its holdings in 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 valued at $30,000 after purchasing an additional 409 shares during the last quarter. Trust Co. of Vermont purchased a new stake in WisdomTree Emerging Markets High Dividend Fund in the 2nd quarter worth about $49,000. Western Wealth Management LLC purchased a new stake in WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth about $73,000. Finally, GAMMA Investing LLC lifted its stake in WisdomTree Emerging Markets High Dividend Fund by 101.7% in the second quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $88,000 after purchasing an additional 824 shares during the last quarter. Hedge funds and other institutional investors own 58.33% of the company’s stock.

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.