WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Sees Large Decline in Short Interest

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 2,026 shares, a drop of 55.1% from the August 15th total of 4,512 shares. Based on an average daily volume of 8,559 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On WisdomTree Global High Dividend Fund

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp acquired a new position in shares of WisdomTree Global High Dividend Fund during the first quarter valued at $90,000. Royal Bank of Canada raised its holdings in 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 worth $196,000 after purchasing an additional 343 shares during the last quarter. Gateway Wealth Partners LLC bought a new stake in WisdomTree Global High Dividend Fund during the 1st quarter worth about $356,000. Jane Street Group LLC lifted its position in WisdomTree Global High Dividend Fund by 45.6% during the 4th quarter. Jane Street Group LLC now owns 6,045 shares of the company’s stock valued at $372,000 after purchasing an additional 1,892 shares during the period. Finally, Flow Traders U.S. LLC lifted its position in WisdomTree Global High Dividend Fund by 17.4% during the 3rd quarter. Flow Traders U.S. LLC now owns 34,934 shares of the company’s stock valued at $2,101,000 after purchasing an additional 5,183 shares during the period.

WisdomTree Global High Dividend Fund Stock Up 0.2%

NYSEARCA:DEW traded up $0.12 during trading hours on Monday, hitting $72.15. 542 shares of the stock were exchanged, compared to its average volume of 5,862. The company’s 50 day moving average is $71.84 and its two-hundred day moving average is $69.29. WisdomTree Global High Dividend Fund has a twelve month low of $58.66 and a twelve month high of $73.51. The company has a market capitalization of $155.11 million, a P/E ratio of 13.20 and a beta of 0.59.

WisdomTree Global High Dividend Fund Company Profile

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.