WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Short Interest Update

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 39,795 shares, a growth of 87.3% from the May 31st total of 21,251 shares. Based on an average daily trading volume, of 21,047 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.3% of the company’s shares are sold short.

WisdomTree U.S. High Dividend Fund Stock Performance

DHS stock traded up $0.20 during trading on Wednesday, hitting $113.88. 16,451 shares of the company traded hands, compared to its average volume of 32,809. WisdomTree U.S. High Dividend Fund has a 1 year low of $96.08 and a 1 year high of $114.81. The company has a 50-day moving average of $111.94 and a 200-day moving average of $109.26. The firm has a market capitalization of $1.50 billion, a PE ratio of 15.51 and a beta of 0.59.

Institutional Investors Weigh In On WisdomTree U.S. High Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DHS. Wick Capital Partners LLC boosted its position in WisdomTree U.S. High Dividend Fund by 38,040.1% during the 4th 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 period. Bank of America Corp DE increased its position in shares of WisdomTree U.S. High Dividend Fund by 3.3% in the first quarter. Bank of America Corp DE now owns 457,448 shares of the company’s stock valued at $49,963,000 after acquiring an additional 14,519 shares during the period. Cetera Investment Advisers increased its position in shares of WisdomTree U.S. High Dividend Fund by 2.6% in the first quarter. Cetera Investment Advisers now owns 412,451 shares of the company’s stock valued at $45,048,000 after acquiring an additional 10,290 shares during the period. Value Investment Professionals LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund during the first quarter valued at about $29,120,000. Finally, Kestra Advisory Services LLC raised its stake in shares of WisdomTree U.S. High Dividend Fund by 93.1% during the first quarter. Kestra Advisory Services LLC now owns 225,135 shares of the company’s stock valued at $24,589,000 after acquiring an additional 108,569 shares during the last quarter.

WisdomTree U.S. High Dividend Fund Company Profile

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.