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

WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) saw a large decline in short interest in October. As of October 15th, there was short interest totaling 42,081 shares, a decline of 91.6% from the September 30th total of 499,306 shares. Based on an average daily trading volume, of 245,590 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

WisdomTree Emerging Markets High Dividend Fund Price Performance

NYSEARCA:DEM opened at $53.46 on Tuesday. The company has a market cap of $4.03 billion, a PE ratio of 9.40 and a beta of 0.56. The firm’s 50 day simple moving average is $55.57 and its 200 day simple moving average is $52.91. WisdomTree Emerging Markets High Dividend Fund has a one year low of $45.00 and a one year high of $57.41.

Institutional Investors Weigh In On WisdomTree Emerging Markets High Dividend Fund

Several large investors have recently made changes to their positions in the business. McKinley Carter Wealth Services Inc. bought a new stake in WisdomTree Emerging Markets High Dividend Fund during the 3rd quarter valued at $1,726,000. NorthCrest Asset Manangement LLC increased its stake in shares of WisdomTree Emerging Markets High Dividend Fund by 15.6% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 6,773 shares of the company’s stock worth $373,000 after acquiring an additional 915 shares in the last quarter. Freedom Day Solutions LLC purchased a new stake in shares of WisdomTree Emerging Markets High Dividend Fund during the third quarter valued at approximately $6,396,000. Pinnacle Associates Ltd. bought a new position in WisdomTree Emerging Markets High Dividend Fund during the third quarter valued at approximately $939,000. Finally, TD Waterhouse Canada Inc. boosted its holdings in shares of WisdomTree Emerging Markets High Dividend Fund by 25.3% in the third quarter. TD Waterhouse Canada Inc. now owns 1,104 shares of the company’s stock worth $61,000 after buying an additional 223 shares during the last quarter. 58.33% of the stock is owned by hedge funds and other institutional investors.

About WisdomTree Emerging Markets High Dividend Fund

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.