WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Sees Large Drop in Short Interest

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) saw a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 16,614 shares, a decline of 60.7% from the July 30th total of 42,238 shares. Based on an average trading volume of 175,541 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

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

Hedge funds and other institutional investors have recently modified their holdings of the company. Rossby Financial LCC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 4th quarter valued at about $28,000. CBIZ Investment Advisory Services LLC purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth approximately $30,000. Sfam LLC purchased a new stake in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth approximately $31,000. Kohmann Bosshard Financial Services LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at approximately $32,000. Finally, Highland Investment Advisors LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund during the second quarter valued at approximately $41,000.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

DES traded down $0.13 during trading on Friday, reaching $40.42. The stock had a trading volume of 106,426 shares, compared to its average volume of 132,884. The stock has a market cap of $2.17 billion, a PE ratio of 13.64 and a beta of 0.90. WisdomTree U.S. SmallCap Dividend Fund has a one year low of $31.75 and a one year high of $41.85. The business has a 50-day moving average of $40.71 and a 200-day moving average of $38.67.

About WisdomTree U.S. SmallCap Dividend Fund

(Get Free Report)

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.

Featured Stories

Receive News & Ratings for WisdomTree U.S. SmallCap Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. SmallCap Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.