WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Stock Short Interest Declines 43.6%

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) was the recipient of a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1,619 shares, a decrease of 43.6% from the September 15th total of 2,870 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 7,305 shares, the days-to-cover ratio is presently 0.2 days.

WisdomTree Global High Dividend Fund Stock Performance

WisdomTree Global High Dividend Fund stock traded up $0.57 during trading on Friday, hitting $71.28. The company’s stock had a trading volume of 19,955 shares, compared to its average volume of 6,355. The stock’s fifty day moving average is $71.37 and its 200 day moving average is $69.87. WisdomTree Global High Dividend Fund has a 1-year low of $58.85 and a 1-year high of $73.51. The stock has a market capitalization of $163.94 million, a price-to-earnings ratio of 13.20 and a beta of 0.59.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Stonebridge Wealth Management LLC boosted its position in shares of WisdomTree Global High Dividend Fund by 4.1% in the third 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. Asset Dedication LLC increased its position in WisdomTree Global High Dividend Fund by 0.6% during 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 last quarter. Royal Bank of Canada increased its position in WisdomTree Global High Dividend Fund by 13.2% during the first quarter. Royal Bank of Canada now owns 2,950 shares of the company’s stock worth $196,000 after purchasing an additional 343 shares during the last quarter. Gateway Wealth Partners LLC acquired a new position in WisdomTree Global High Dividend Fund during the first quarter worth approximately $356,000. Finally, Bank of New York Mellon Corp increased its position in WisdomTree Global High Dividend Fund by 31.6% during the first quarter. Bank of New York Mellon Corp now owns 37,144 shares of the company’s stock worth $2,464,000 after purchasing an additional 8,926 shares during the last quarter.

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.