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

by · The Markets Daily

WisdomTree Global High Dividend Fund (NYSEARCA:DEW – Get Free Report) saw a large drop in short interest in the month of August. As of August 14th, there was short interest totaling 4,512 shares, a drop of 80.7% from the July 30th total of 23,422 shares. Currently, 0.2% of the company’s shares are sold short. Based on an average daily volume of 10,138 shares, the days-to-cover ratio is currently 0.4 days.

WisdomTree Global High Dividend Fund Price Performance

Shares of DEW stock traded up $0.00 during mid-day trading on Wednesday, hitting $73.32. The stock had a trading volume of 1,912 shares, compared to its average volume of 5,802. WisdomTree Global High Dividend Fund has a 12-month low of $58.66 and a 12-month high of $73.51. The firm’s 50-day moving average is $70.94 and its two-hundred day moving average is $68.89. The firm has a market capitalization of $157.64 million, a P/E ratio of 13.20 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Global High Dividend Fund

Several institutional investors have recently bought and sold shares of DEW. Asset Dedication LLC grew its stake in WisdomTree Global High Dividend Fund by 0.6% during the 1st quarter. Asset Dedication LLC now owns 31,784 shares of the company’s stock valued at $2,108,000 after purchasing an additional 178 shares during the last quarter. SBI Securities Co. Ltd. lifted its holdings in shares of WisdomTree Global High Dividend Fund by 7.8% during the fourth quarter. SBI Securities Co. Ltd. now owns 2,853 shares of the company’s stock worth $176,000 after purchasing an additional 207 shares during the period. Royal Bank of Canada boosted its position in WisdomTree Global High Dividend Fund by 13.2% in the first quarter. Royal Bank of Canada now owns 2,950 shares of the company’s stock valued at $196,000 after buying an additional 343 shares during the last quarter. Raymond James Financial Inc. boosted its position in WisdomTree Global High Dividend Fund by 1.5% in the second quarter. Raymond James Financial Inc. now owns 70,951 shares of the company’s stock valued at $4,052,000 after buying an additional 1,082 shares during the last quarter. Finally, Fifth Third Bancorp acquired a new position in WisdomTree Global High Dividend Fund in the 1st quarter worth approximately $90,000.

About WisdomTree Global High Dividend Fund

(Get Free Report)

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.

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