Short Interest in WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Declines By 40.6%

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 23,422 shares, a decrease of 40.6% from the July 15th total of 39,452 shares. Based on an average daily trading volume, of 13,742 shares, the short-interest ratio is currently 1.7 days. Approximately 1.1% of the company’s shares are sold short.

WisdomTree Global High Dividend Fund Trading Up 0.6%

WisdomTree Global High Dividend Fund stock traded up $0.42 during trading hours on Wednesday, hitting $73.25. 5,578 shares of the stock traded hands, compared to its average volume of 5,812. The firm’s 50-day moving average price is $70.59 and its two-hundred day moving average price is $68.63. The company has a market cap of $157.49 million, a PE ratio of 13.20 and a beta of 0.59. WisdomTree Global High Dividend Fund has a one year low of $58.66 and a one year high of $73.51.

Institutional Investors Weigh In On WisdomTree Global High Dividend Fund

Several hedge funds have recently made changes to their positions in the company. Asset Dedication LLC grew its stake in WisdomTree Global High Dividend Fund by 0.6% in the first quarter. Asset Dedication LLC now owns 31,784 shares of the company’s stock worth $2,108,000 after purchasing an additional 178 shares during the period. Royal Bank of Canada boosted its holdings in shares of WisdomTree Global High Dividend Fund by 13.2% during the 1st quarter. Royal Bank of Canada now owns 2,950 shares of the company’s stock valued at $196,000 after buying an additional 343 shares in the last quarter. Gateway Wealth Partners LLC bought a new stake in shares of WisdomTree Global High Dividend Fund during the 1st quarter valued at $356,000. Bank of New York Mellon Corp grew its position in shares of WisdomTree Global High Dividend Fund by 31.6% in the 1st quarter. Bank of New York Mellon Corp now owns 37,144 shares of the company’s stock worth $2,464,000 after buying an additional 8,926 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in shares of WisdomTree Global High Dividend Fund in the 1st quarter worth about $90,000.

About WisdomTree Global High Dividend Fund

WisdomTree Global Equity Income Fund (the Fund), formerly WisdomTree Europe Equity Income Fund, seeks investment results that closely correspond to the price and yield performance of the WisdomTree Global High-Yielding Equity Index (the Index). The Index is a fundamentally weighted index that measures the performance of high dividend-yielding companies selected from the WisdomTree Global Dividend Index, which measures the performance of dividend-paying companies in the United States, developed and emerging markets.