WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Stock Short Interest Climbs 117.9%

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 3,527 shares, a growth of 117.9% from the September 30th total of 1,619 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 12,185 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of WisdomTree Global High Dividend Fund

Hedge funds have recently made changes to their positions in the stock. 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 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 acquiring an additional 343 shares during the period. SBI Securities Co. Ltd. raised its holdings in shares of WisdomTree Global High Dividend Fund by 9.7% in the 3rd quarter. SBI Securities Co. Ltd. now owns 4,152 shares of the company’s stock valued at $286,000 after purchasing an additional 366 shares in the last quarter. Fifth Third Bancorp acquired a new position in shares of WisdomTree Global High Dividend Fund during the first quarter worth $90,000. Finally, Stonebridge Wealth Management LLC raised its stake in WisdomTree Global High Dividend Fund by 4.1% in the 3rd quarter. Stonebridge Wealth Management LLC now owns 95,907 shares of the company’s stock worth $6,610,000 after acquiring an additional 3,806 shares during the last quarter.

WisdomTree Global High Dividend Fund Stock Performance

DEW traded up $0.07 on Friday, hitting $72.40. 2,428 shares of the company were exchanged, compared to its average volume of 6,533. The stock’s fifty day moving average is $71.20 and its 200-day moving average is $69.05. The company has a market cap of $170.14 million, a PE ratio of 13.20 and a beta of 0.59. WisdomTree Global High Dividend Fund has a 12 month low of $58.85 and a 12 month high of $73.51.

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.