WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Short Interest Down 57.9% in May

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the recipient of a significant drop in short interest in the month of May. As of May 15th, there was short interest totaling 50,663 shares, a drop of 57.9% from the April 30th total of 120,322 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 139,042 shares, the short-interest ratio is presently 0.4 days.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

NYSEARCA:DLN traded up $0.65 during mid-day trading on Tuesday, reaching $96.66. The stock had a trading volume of 129,175 shares, compared to its average volume of 179,379. The firm has a market capitalization of $6.15 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76. WisdomTree U.S. LargeCap Dividend Fund has a twelve month low of $78.90 and a twelve month high of $96.51. The business has a 50 day simple moving average of $92.82 and a 200 day simple moving average of $90.92.

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

A number of hedge funds have recently added to or reduced their stakes in DLN. Capital Investment Advisory Services LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter worth approximately $25,000. Dunhill Financial LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter worth approximately $26,000. GGM Financials LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth approximately $30,000. Valley National Advisers Inc. purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth approximately $36,000. Finally, BNP Paribas Financial Markets increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 298.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock worth $36,000 after purchasing an additional 307 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.