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

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

WisdomTree Emerging Markets High Dividend Fund Stock Performance

NYSEARCA:DEM opened at $53.38 on Friday. The firm has a 50-day simple moving average of $54.16 and a 200-day simple moving average of $51.09. WisdomTree Emerging Markets High Dividend Fund has a one year low of $44.23 and a one year high of $56.53. The firm has a market cap of $3.88 billion, a P/E ratio of 9.40 and a beta of 0.55.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

A number of large investors have recently bought and sold shares of DEM. CX Institutional lifted its holdings in WisdomTree Emerging Markets High Dividend Fund by 2.1% during the second quarter. CX Institutional now owns 35,940 shares of the company’s stock worth $1,933,000 after buying an additional 750 shares during the period. Empowered Funds LLC purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter valued at $6,203,000. Rathbones Group PLC increased its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 74.3% in the 1st quarter. Rathbones Group PLC now owns 35,868 shares of the company’s stock valued at $1,782,000 after acquiring an additional 15,293 shares during the period. Pine Valley Investments Ltd Liability Co bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 1st quarter worth $255,000. Finally, NewEdge Advisors LLC raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 14.6% in the 1st quarter. NewEdge Advisors LLC now owns 9,051 shares of the company’s stock worth $450,000 after acquiring an additional 1,151 shares in the last quarter. Institutional investors own 58.33% of the company’s stock.

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.