Short Interest in WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Drops By 85.2%

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 153,097 shares, a drop of 85.2% from the May 14th total of 1,036,322 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 234,432 shares, the days-to-cover ratio is currently 0.7 days.

Hedge Funds Weigh In On WisdomTree Emerging Markets High Dividend Fund

A number of institutional investors have recently modified their holdings of DEM. Jones Financial Companies Lllp raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 122.6% in the first quarter. Jones Financial Companies Lllp now owns 19,346 shares of the company’s stock valued at $814,000 after purchasing an additional 10,656 shares during the period. Brown Advisory Inc. raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 37.5% in the second quarter. Brown Advisory Inc. now owns 6,857 shares of the company’s stock valued at $311,000 after purchasing an additional 1,869 shares during the period. Raymond James Financial Inc. raised its position in shares of WisdomTree Emerging Markets High Dividend Fund by 10.2% in the second quarter. Raymond James Financial Inc. now owns 592,480 shares of the company’s stock valued at $26,833,000 after purchasing an additional 54,959 shares during the period. Ausdal Financial Partners Inc. bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter valued at approximately $202,000. Finally, EP Wealth Advisors LLC bought a new position in shares of WisdomTree Emerging Markets High Dividend Fund in the second quarter valued at approximately $157,000. Institutional investors own 58.33% of the company’s stock.

WisdomTree Emerging Markets High Dividend Fund Price Performance

DEM traded down $0.41 during midday trading on Wednesday, hitting $53.89. 128,043 shares of the company’s stock traded hands, compared to its average volume of 275,641. The company has a market cap of $3.85 billion, a PE ratio of 9.40 and a beta of 0.55. The stock’s fifty day simple moving average is $52.83 and its 200-day simple moving average is $50.10. WisdomTree Emerging Markets High Dividend Fund has a one year low of $44.23 and a one year high of $56.53.

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.