WisdomTree Global High Dividend Fund (NYSEARCA:DEW) Stock Short Interest Rises 117.9%

WisdomTree Global High Dividend Fund (NYSEARCA:DEW) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 3,527 shares, an increase of 117.9% from the September 30th total of 1,619 shares. Based on an average trading volume of 12,185 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are sold short.

WisdomTree Global High Dividend Fund Stock Performance

Shares of DEW stock traded up $0.07 during mid-day trading on Friday, hitting $72.40. The company’s stock had a trading volume of 2,428 shares, compared to its average volume of 6,533. The company’s fifty day simple moving average is $71.20 and its 200-day simple moving average is $69.05. WisdomTree Global High Dividend Fund has a 52 week low of $58.85 and a 52 week high of $73.51. The company has a market cap of $199.10 million, a PE ratio of 13.20 and a beta of 0.59.

Hedge Funds Weigh In On WisdomTree Global High Dividend Fund

Institutional investors and hedge funds have recently made changes to their positions in the stock. Stonebridge Wealth Management LLC raised its stake in WisdomTree Global High Dividend Fund by 4.1% during the 3rd quarter. Stonebridge Wealth Management LLC now owns 95,907 shares of the company’s stock worth $6,610,000 after buying an additional 3,806 shares during the period. Bank of New York Mellon Corp increased its holdings in shares of 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 valued at $2,464,000 after acquiring an additional 8,926 shares in the last quarter. Asset Dedication LLC increased its holdings in shares of 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 valued at $2,108,000 after acquiring an additional 178 shares in the last quarter. Gateway Wealth Partners LLC bought a new stake in shares of WisdomTree Global High Dividend Fund during the first quarter valued at approximately $356,000. Finally, SBI Securities Co. Ltd. raised its position in shares of WisdomTree Global High Dividend Fund by 9.7% during the third quarter. SBI Securities Co. Ltd. now owns 4,152 shares of the company’s stock worth $286,000 after purchasing an additional 366 shares during the period.

WisdomTree Global High Dividend Fund Company Profile

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.