Short Interest in WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Drops By 44.0%
by Scott Moore · The Cerbat GemWisdomTree U.S. High Dividend Fund (NYSEARCA:DHS – Get Free Report) was the recipient of a significant drop in short interest in 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 trading volume of 32,664 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.2% of the company’s stock are short sold.
WisdomTree U.S. High Dividend Fund Stock Up 0.8%
Shares of NYSEARCA:DHS traded up $0.83 on Tuesday, hitting $111.20. 17,962 shares of the company traded hands, compared to its average volume of 35,267. WisdomTree U.S. High Dividend Fund has a 52 week low of $93.90 and a 52 week high of $114.22. The stock has a 50 day simple moving average of $110.25 and a 200-day simple moving average of $107.46. The company has a market cap of $1.46 billion, a PE ratio of 15.51 and a beta of 0.60.
Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund
Several institutional investors and hedge funds have recently modified their holdings of DHS. Wick Capital Partners LLC increased its holdings 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 acquiring an additional 1,023,660 shares in the last quarter. Value Investment Professionals LLC bought a new position in shares of WisdomTree U.S. High Dividend Fund during the first quarter valued at $29,120,000. Kestra Advisory Services LLC increased its holdings 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 acquiring an additional 108,569 shares in the last quarter. NewEdge Advisors LLC increased its holdings in shares of WisdomTree U.S. High Dividend Fund by 809.2% during the first quarter. NewEdge Advisors LLC now owns 78,542 shares of the company’s stock valued at $79,000 after acquiring an additional 69,903 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its holdings in shares of WisdomTree U.S. High Dividend Fund by 57.0% during the second quarter. Ameriprise Financial Inc. now owns 131,632 shares of the company’s stock valued at $12,383,000 after acquiring an additional 47,791 shares in 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.