WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) Sees Significant Decrease in Short Interest

WisdomTree U.S. High Dividend Fund (NYSEARCA:DHS) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 38,458 shares, a drop of 20.4% from the February 26th total of 48,337 shares. Based on an average daily volume of 31,701 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.3% of the company’s shares are sold short.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Melone Private Wealth LLC increased its position in WisdomTree U.S. High Dividend Fund by 3.4% during the 3rd quarter. Melone Private Wealth LLC now owns 10,938 shares of the company’s stock worth $1,102,000 after purchasing an additional 357 shares in the last quarter. CWM LLC raised its holdings in WisdomTree U.S. High Dividend Fund by 1.8% in the third quarter. CWM LLC now owns 859,127 shares of the company’s stock valued at $86,557,000 after buying an additional 14,915 shares during the period. Signal Advisors Wealth LLC acquired a new position in WisdomTree U.S. High Dividend Fund during the third quarter valued at approximately $257,000. Delta Capital Management LLC purchased a new stake in WisdomTree U.S. High Dividend Fund during the third quarter worth approximately $202,000. Finally, Fifth Third Securities Inc. grew its stake in WisdomTree U.S. High Dividend Fund by 257.0% during the third quarter. Fifth Third Securities Inc. now owns 7,451 shares of the company’s stock worth $751,000 after buying an additional 5,364 shares during the period.

WisdomTree U.S. High Dividend Fund Price Performance

DHS stock opened at $107.65 on Monday. The company has a market cap of $1.38 billion, a price-to-earnings ratio of 15.51 and a beta of 0.70. The business has a fifty day simple moving average of $109.71 and a 200-day simple moving average of $104.17. WisdomTree U.S. High Dividend Fund has a 52 week low of $85.68 and a 52 week high of $114.22.

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.