WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Significant Decline in Short Interest

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 10,840 shares, a decline of 70.0% from the April 30th total of 36,137 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 109,696 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree U.S. MidCap Dividend Fund Price Performance

WisdomTree U.S. MidCap Dividend Fund stock traded down $0.26 during trading hours on Friday, hitting $55.12. 118,434 shares of the stock traded hands, compared to its average volume of 141,849. WisdomTree U.S. MidCap Dividend Fund has a 1 year low of $48.32 and a 1 year high of $56.99. The stock has a market capitalization of $3.88 billion, a price-to-earnings ratio of 15.04 and a beta of 0.87. The firm’s 50 day moving average price is $54.18 and its 200-day moving average price is $53.56.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

A number of hedge funds have recently modified their holdings of the stock. Compass Capital Management Inc. purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the first quarter worth about $210,000. Vestor Capital LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 42,230.0% in the first quarter. Vestor Capital LLC now owns 71,961 shares of the company’s stock worth $3,781,000 after buying an additional 71,791 shares during the last quarter. Western Wealth Management LLC boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 43.6% in the first quarter. Western Wealth Management LLC now owns 13,548 shares of the company’s stock worth $712,000 after buying an additional 4,114 shares during the last quarter. Arkadios Wealth Advisors boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 106.0% in the first quarter. Arkadios Wealth Advisors now owns 49,664 shares of the company’s stock worth $2,609,000 after buying an additional 25,550 shares during the last quarter. Finally, Sunbelt Securities Inc. boosted its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 9.2% in the first quarter. Sunbelt Securities Inc. now owns 10,488 shares of the company’s stock worth $551,000 after buying an additional 885 shares during the last quarter.

WisdomTree U.S. MidCap Dividend Fund Company Profile

WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.