Short Interest in WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Declines By 44.5%

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEMGet Free Report) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 148,581 shares, a decrease of 44.5% from the June 15th total of 267,889 shares. Based on an average daily volume of 248,019 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

WisdomTree Emerging Markets High Dividend Fund Stock Down 1.2%

NYSEARCA:DEM traded down $0.63 during trading hours on Thursday, reaching $53.18. 210,624 shares of the company’s stock were exchanged, compared to its average volume of 265,759. WisdomTree Emerging Markets High Dividend Fund has a 1-year low of $44.23 and a 1-year high of $56.53. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 9.40 and a beta of 0.55. The company has a 50-day moving average of $54.39 and a 200 day moving average of $51.56.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several hedge funds have recently made changes to their positions in the business. Bank of America Corp DE raised its stake in WisdomTree Emerging Markets High Dividend Fund by 19.6% during the 1st quarter. Bank of America Corp DE now owns 7,100,731 shares of the company’s stock valued at $352,835,000 after acquiring an additional 1,165,485 shares during the last quarter. Morgan Stanley grew its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 5.8% in the 4th quarter. Morgan Stanley now owns 8,939,360 shares of the company’s stock valued at $417,558,000 after purchasing an additional 491,321 shares during the last quarter. OLD Mission Capital LLC purchased a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the 4th quarter valued at approximately $13,552,000. Canandaigua National Bank & Trust Co. acquired a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter valued at approximately $14,569,000. Finally, Kestra Advisory Services LLC increased its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 39.2% in the first quarter. Kestra Advisory Services LLC now owns 445,572 shares of the company’s stock valued at $22,140,000 after purchasing an additional 125,463 shares during the period. Institutional investors and hedge funds own 58.33% of the company’s stock.

About WisdomTree Emerging Markets High Dividend Fund

(Get Free Report)

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.

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