WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Short Interest Down 13.5% in January

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the recipient of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 41,880 shares, a drop of 13.5% from the December 31st total of 48,425 shares. Based on an average daily trading volume, of 18,607 shares, the short-interest ratio is presently 2.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 18,607 shares, the short-interest ratio is presently 2.3 days.

WisdomTree U.S. High Dividend Fund Trading Up 0.9%

Shares of DHS stock traded up $0.94 on Tuesday, reaching $109.68. The company had a trading volume of 45,779 shares, compared to its average volume of 35,018. The stock has a market cap of $1.41 billion, a PE ratio of 15.51 and a beta of 0.70. The company has a 50-day moving average of $103.49 and a 200-day moving average of $101.07. WisdomTree U.S. High Dividend Fund has a 12 month low of $85.68 and a 12 month high of $109.85.

WisdomTree U.S. High Dividend Fund Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, January 29th. Shareholders of record on Tuesday, January 27th were issued a $0.195 dividend. The ex-dividend date was Tuesday, January 27th. This represents a c) annualized dividend and a yield of 2.1%.

Hedge Funds Weigh In On WisdomTree U.S. High Dividend Fund

Several institutional investors and hedge funds have recently made changes to their positions in the company. Stonebridge Wealth Management LLC acquired a new stake in WisdomTree U.S. High Dividend Fund during the 2nd quarter worth $9,451,000. 1 North Wealth Services LLC bought a new stake in shares of WisdomTree U.S. High Dividend Fund in the second quarter worth about $9,152,000. Ameriprise Financial Inc. raised its position 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 worth $12,383,000 after purchasing an additional 47,791 shares during the period. Orion Porfolio Solutions LLC lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 240.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 64,246 shares of the company’s stock valued at $6,166,000 after purchasing an additional 45,400 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of WisdomTree U.S. High Dividend Fund by 9.6% during the 2nd quarter. Bank of America Corp DE now owns 405,319 shares of the company’s stock valued at $38,902,000 after purchasing an additional 35,395 shares in the last quarter.

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.