Short Interest in WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Drops By 44.0%

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw a significant drop in short interest during the month of May. As of May 15th, there was short interest totaling 27,543 shares, a drop of 44.0% from the April 30th total of 49,221 shares. Based on an average daily trading volume, of 32,664 shares, the short-interest ratio is presently 0.8 days. Approximately 0.2% of the shares of the company are sold short.

WisdomTree U.S. High Dividend Fund Price Performance

Shares of WisdomTree U.S. High Dividend Fund stock traded up $0.83 during trading on Tuesday, hitting $111.20. 17,962 shares of the company’s stock traded hands, compared to its average volume of 35,267. WisdomTree U.S. High Dividend Fund has a 1 year low of $93.90 and a 1 year high of $114.22. The stock has a market capitalization of $1.46 billion, a P/E ratio of 15.51 and a beta of 0.60. The business has a 50-day simple moving average of $110.25 and a 200-day simple moving average of $107.46.

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

Several institutional investors have recently modified their holdings of the business. Wick Capital Partners LLC boosted its position in shares of WisdomTree U.S. High Dividend Fund by 38,040.1% during the fourth 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 last quarter. Bank of America Corp DE boosted its position in shares of WisdomTree U.S. High Dividend Fund by 3.3% during the first quarter. Bank of America Corp DE now owns 457,448 shares of the company’s stock valued at $49,963,000 after buying an additional 14,519 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of WisdomTree U.S. High Dividend Fund by 2.6% during the first quarter. Cetera Investment Advisers now owns 412,451 shares of the company’s stock valued at $45,048,000 after buying an additional 10,290 shares during the last quarter. Value Investment Professionals LLC purchased a new stake in shares of WisdomTree U.S. High Dividend Fund during the first quarter valued at $29,120,000. Finally, Kestra Advisory Services LLC boosted its position 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 buying an additional 108,569 shares during the last quarter.

About WisdomTree U.S. High Dividend Fund

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.