WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Short Interest Update

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 39,795 shares, a growth of 87.3% from the May 31st total of 21,251 shares. Based on an average daily volume of 21,047 shares, the short-interest ratio is currently 1.9 days. Currently, 0.3% of the shares of the company are sold short.

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

A number of hedge funds have recently added to or reduced their stakes in DHS. Park National Corp OH bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the first quarter worth $28,000. Private Trust Co. NA lifted its holdings in WisdomTree U.S. High Dividend Fund by 35.2% in the fourth quarter. Private Trust Co. NA now owns 384 shares of the company’s stock valued at $39,000 after acquiring an additional 100 shares during the period. Versant Capital Management Inc purchased a new position in WisdomTree U.S. High Dividend Fund in the second quarter worth about $43,000. Key Financial Inc boosted its position in WisdomTree U.S. High Dividend Fund by 26.4% in the first quarter. Key Financial Inc now owns 594 shares of the company’s stock worth $65,000 after purchasing an additional 124 shares during the last quarter. Finally, Triumph Capital Management bought a new stake in shares of WisdomTree U.S. High Dividend Fund during the 3rd quarter valued at about $71,000.

WisdomTree U.S. High Dividend Fund Price Performance

WisdomTree U.S. High Dividend Fund stock remained flat at $115.07 during midday trading on Friday. 12,012 shares of the company were exchanged, compared to its average volume of 32,642. The stock has a market cap of $1.52 billion, a price-to-earnings ratio of 15.51 and a beta of 0.59. The company’s 50 day simple moving average is $112.04 and its 200 day simple moving average is $109.35. WisdomTree U.S. High Dividend Fund has a 12 month low of $96.08 and a 12 month high of $115.07.

WisdomTree U.S. High Dividend Fund Company Profile

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.