WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM – Get Free Report) was the target of a large decrease in short interest in 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 trading volume, of 248,019 shares, the short-interest ratio is currently 0.6 days. Approximately 0.2% of the company’s stock are sold short.
Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund
Hedge funds have recently made changes to their positions in the company. Investors Research Corp increased its position in shares of WisdomTree Emerging Markets High Dividend Fund by 8.4% during the second quarter. Investors Research Corp now owns 88,578 shares of the company’s stock worth $4,765,000 after purchasing an additional 6,833 shares in the last quarter. Wealthcare Advisory Partners LLC boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 10.0% in the 2nd quarter. Wealthcare Advisory Partners LLC now owns 26,811 shares of the company’s stock valued at $1,442,000 after purchasing an additional 2,442 shares during the period. Next Level Private LLC grew its stake in WisdomTree Emerging Markets High Dividend Fund by 1.3% during the 2nd quarter. Next Level Private LLC now owns 19,145 shares of the company’s stock worth $1,030,000 after buying an additional 254 shares during the last quarter. Evanson Financial LLC purchased a new position in WisdomTree Emerging Markets High Dividend Fund during the 2nd quarter worth approximately $1,113,000. Finally, Dynamic Advisor Solutions LLC increased its position in WisdomTree Emerging Markets High Dividend Fund by 2.8% during the second quarter. Dynamic Advisor Solutions LLC now owns 45,416 shares of the company’s stock worth $2,443,000 after buying an additional 1,248 shares during the period. Hedge funds and other institutional investors own 58.33% of the company’s stock.
WisdomTree Emerging Markets High Dividend Fund Trading Down 1.2%
Shares of NYSEARCA DEM traded down $0.63 during mid-day trading on Thursday, reaching $53.18. The company had a trading volume of 210,624 shares, compared to its average volume of 265,759. The firm has a 50 day simple moving average of $54.39 and a two-hundred day simple moving average of $51.56. WisdomTree Emerging Markets High Dividend Fund has a 52-week low of $44.23 and a 52-week high of $56.53. The stock has a market cap of $3.87 billion, a P/E ratio of 9.40 and a beta of 0.55.
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.
Further Reading
- Five stocks we like better than WisdomTree Emerging Markets High Dividend Fund
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for WisdomTree Emerging Markets High Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree Emerging Markets High Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.
