WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) Sees Large Decline in Short Interest

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 22,201 shares, a drop of 93.8% from the July 30th total of 360,610 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average trading volume of 441,700 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree Emerging Markets High Dividend Fund Stock Performance

Shares of DEM stock traded up $0.45 during mid-day trading on Tuesday, reaching $55.53. 100,234 shares of the company’s stock traded hands, compared to its average volume of 265,858. The firm has a market capitalization of $4.04 billion, a PE ratio of 9.40 and a beta of 0.55. WisdomTree Emerging Markets High Dividend Fund has a 12 month low of $44.23 and a 12 month high of $56.53. The firm has a 50 day moving average price of $54.09 and a two-hundred day moving average price of $52.69.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in DEM. Kintra Wealth LLC lifted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 4.0% during the 2nd quarter. Kintra Wealth LLC now owns 6,623 shares of the company’s stock valued at $363,000 after buying an additional 252 shares in the last quarter. Continuum Advisory LLC purchased a new position in WisdomTree Emerging Markets High Dividend Fund during the second quarter valued at approximately $137,000. Nan Shan Life Insurance Co. Ltd. purchased a new position in WisdomTree Emerging Markets High Dividend Fund during the second quarter valued at approximately $9,144,000. Acorn Wealth Advisors LLC boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 3.3% in the second quarter. Acorn Wealth Advisors LLC now owns 6,682 shares of the company’s stock worth $359,000 after purchasing an additional 213 shares during the period. Finally, Investors Research Corp boosted its position in shares of WisdomTree Emerging Markets High Dividend Fund by 8.4% in the second quarter. Investors Research Corp now owns 88,578 shares of the company’s stock worth $4,765,000 after purchasing an additional 6,833 shares during the period. Institutional investors own 58.33% of the company’s stock.

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.