WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totaling 538,671 shares, an increase of 3,120.0% from the August 31st total of 16,729 shares. Based on an average daily volume of 128,625 shares, the days-to-cover ratio is presently 4.2 days. Currently, 1.0% of the company’s stock are short sold.
Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund
A number of hedge funds have recently modified their holdings of DES. Bank of America Corp DE increased its position in WisdomTree U.S. SmallCap Dividend Fund by 0.7% in the first quarter. Bank of America Corp DE now owns 2,457,823 shares of the company’s stock worth $88,334,000 after buying an additional 17,417 shares in the last quarter. Keybank National Association OH grew its stake in WisdomTree U.S. SmallCap Dividend Fund by 0.9% during the first quarter. Keybank National Association OH now owns 717,664 shares of the company’s stock valued at $25,793,000 after acquiring an additional 6,486 shares in the last quarter. Huntington National Bank increased its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 8.7% in the fourth quarter. Huntington National Bank now owns 692,824 shares of the company’s stock worth $23,175,000 after purchasing an additional 55,487 shares during the last quarter. Valmark Advisers Inc. increased its stake in WisdomTree U.S. SmallCap Dividend Fund by 4.7% in the 1st quarter. Valmark Advisers Inc. now owns 348,798 shares of the company’s stock worth $12,536,000 after acquiring an additional 15,657 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in WisdomTree U.S. SmallCap Dividend Fund by 0.4% during the first quarter. Cetera Investment Advisers now owns 320,538 shares of the company’s stock valued at $11,520,000 after purchasing an additional 1,290 shares in the last quarter.
WisdomTree U.S. SmallCap Dividend Fund Trading Up 0.1%
NYSEARCA:DES traded up $0.02 on Thursday, reaching $38.58. 105,129 shares of the stock traded hands, compared to its average volume of 130,262. The company has a market capitalization of $2.08 billion, a price-to-earnings ratio of 13.64 and a beta of 0.89. WisdomTree U.S. SmallCap Dividend Fund has a 12 month low of $31.75 and a 12 month high of $41.85. The company’s fifty day simple moving average is $40.48 and its 200 day simple moving average is $38.97.
About WisdomTree U.S. SmallCap Dividend Fund
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.
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