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

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totaling 39,778 shares, a drop of 45.2% from the August 31st total of 72,566 shares. Based on an average daily trading volume, of 28,162 shares, the short-interest ratio is currently 1.4 days. Currently, 0.3% of the shares of the stock are sold short.

WisdomTree U.S. High Dividend Fund Stock Down 0.7%

NYSEARCA DHS traded down $0.80 on Wednesday, hitting $112.14. 40,050 shares of the stock were exchanged, compared to its average volume of 33,075. WisdomTree U.S. High Dividend Fund has a fifty-two week low of $97.15 and a fifty-two week high of $120.71. The company has a market cap of $1.54 billion, a PE ratio of 15.51 and a beta of 0.59. The company has a 50-day moving average price of $117.29 and a 200-day moving average price of $113.52.

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

A number of large investors have recently modified their holdings of DHS. Envestnet Portfolio Solutions Inc. boosted its holdings in WisdomTree U.S. High Dividend Fund by 9.0% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,220 shares of the company’s stock worth $1,958,000 after purchasing an additional 1,418 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in WisdomTree U.S. High Dividend Fund by 5.1% during the second quarter. Envestnet Asset Management Inc. now owns 123,250 shares of the company’s stock worth $14,012,000 after buying an additional 5,989 shares in the last quarter. Community Bank N.A. grew its holdings in WisdomTree U.S. High Dividend Fund by 5.1% during the second quarter. Community Bank N.A. now owns 15,210 shares of the company’s stock valued at $1,729,000 after purchasing an additional 742 shares during the period. NewEdge Advisors LLC grew its position in shares of WisdomTree U.S. High Dividend Fund by 2.2% during the 2nd quarter. NewEdge Advisors LLC now owns 80,276 shares of the company’s stock valued at $9,126,000 after purchasing an additional 1,734 shares in the last quarter. Finally, Ameritas Advisory Services LLC purchased a new stake in WisdomTree U.S. High Dividend Fund during the second quarter valued at about $80,000.

About WisdomTree U.S. High Dividend Fund

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.