Short Interest in WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Expands By 126.8%

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 50,358 shares, a growth of 126.8% from the August 15th total of 22,201 shares. Based on an average daily trading volume, of 207,911 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are short sold.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

Shares of NYSEARCA:DEM opened at $56.75 on Monday. The company has a market cap of $4.13 billion, a PE ratio of 9.40 and a beta of 0.56. WisdomTree Emerging Markets High Dividend Fund has a 12-month low of $44.23 and a 12-month high of $57.17. The stock has a 50 day moving average of $54.61 and a 200 day moving average of $53.17.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several large investors have recently made changes to their positions in the business. Bleakley Financial Group LLC bought a new stake in WisdomTree Emerging Markets High Dividend Fund during the 4th quarter valued at approximately $504,000. Linscomb Wealth Inc. boosted its stake in WisdomTree Emerging Markets High Dividend Fund by 1.1% in the 4th quarter. Linscomb Wealth Inc. now owns 286,144 shares of the company’s stock worth $13,366,000 after purchasing an additional 3,118 shares during the period. Pasadena Private Wealth LLC grew its holdings in WisdomTree Emerging Markets High Dividend Fund by 62.0% during the 4th quarter. Pasadena Private Wealth LLC now owns 13,056 shares of the company’s stock valued at $610,000 after buying an additional 4,996 shares in the last quarter. Baker Avenue Asset Management LP grew its holdings in WisdomTree Emerging Markets High Dividend Fund by 8.2% during the 4th quarter. Baker Avenue Asset Management LP now owns 224,273 shares of the company’s stock valued at $10,476,000 after buying an additional 16,914 shares in the last quarter. Finally, Steel Grove Capital Advisors LLC raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 110.0% during the fourth quarter. Steel Grove Capital Advisors LLC now owns 15,130 shares of the company’s stock valued at $707,000 after buying an additional 7,925 shares during the last quarter. 58.33% of the stock is currently owned by hedge funds and other institutional investors.

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.