WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Significant Decrease in Short Interest

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the target of a large decline in short interest during the month of September. As of September 15th, there was short interest totaling 39,778 shares, a decline of 45.2% from the August 31st total of 72,566 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average trading volume of 28,162 shares, the days-to-cover ratio is presently 1.4 days.

WisdomTree U.S. High Dividend Fund Stock Performance

Shares of DHS stock traded down $0.80 on Wednesday, hitting $112.14. The company had a trading volume of 40,050 shares, compared to its average volume of 33,075. The stock’s 50-day moving average is $117.29 and its two-hundred day moving average is $113.52. The firm has a market cap of $1.54 billion, a P/E ratio of 15.51 and a beta of 0.59. WisdomTree U.S. High Dividend Fund has a twelve month low of $97.15 and a twelve month high of $120.71.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Park National Corp OH purchased a new stake in WisdomTree U.S. High Dividend Fund during the 1st quarter valued at $28,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of WisdomTree U.S. High Dividend Fund during the 4th quarter valued at about $109,000. MidFirst Bank acquired a new position in WisdomTree U.S. High Dividend Fund during the 4th quarter worth about $225,000. Catalyst Investment Management LLC purchased a new stake in WisdomTree U.S. High Dividend Fund during the 4th quarter worth about $3,386,000. Finally, Wick Capital Partners LLC raised its holdings in shares of WisdomTree U.S. High Dividend Fund by 38,040.1% in the fourth quarter. Wick Capital Partners LLC now owns 1,026,351 shares of the company’s stock valued at $104,503,000 after buying an additional 1,023,660 shares during the last quarter.

About WisdomTree U.S. High Dividend Fund

WisdomTree Equity Income Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree Equity Income Index (the Index). The Index is a fundamentally weighted index that measures the performance of companies with high dividend yields selected from the WisdomTree Dividend Index. At the index measurement date, companies within the WisdomTree Dividend Index with market capitalizations of at least $200 million and average daily trading volumes of at least $200,000 for the prior three months are ranked by dividend yield.