WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) Sees Large Decline in Short Interest

WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) was the target of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,998 shares, a decline of 60.8% from the June 30th total of 7,655 shares. Based on an average daily trading volume, of 2,460 shares, the days-to-cover ratio is currently 1.2 days. Currently, 0.2% of the shares of the company are short sold.

WisdomTree International MidCap Dividend Fund Price Performance

Shares of NYSEARCA DIM opened at $86.28 on Monday. The firm’s 50-day moving average price is $86.39 and its 200-day moving average price is $85.68. The company has a market cap of $163.93 million, a PE ratio of 13.01 and a beta of 0.69. WisdomTree International MidCap Dividend Fund has a 52-week low of $74.07 and a 52-week high of $89.69.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DIM. WealthShield Partners LLC grew its position in WisdomTree International MidCap Dividend Fund by 12.8% in the 1st quarter. WealthShield Partners LLC now owns 32,108 shares of the company’s stock worth $2,660,000 after purchasing an additional 3,656 shares during the period. Phillip James Consulting Co. bought a new position in shares of WisdomTree International MidCap Dividend Fund during the 1st quarter valued at $2,568,000. Wells Fargo & Company MN lifted its holdings in shares of WisdomTree International MidCap Dividend Fund by 18.2% during the 4th quarter. Wells Fargo & Company MN now owns 23,309 shares of the company’s stock valued at $1,878,000 after buying an additional 3,596 shares during the period. Rockefeller Capital Management L.P. boosted its stake in shares of WisdomTree International MidCap Dividend Fund by 5.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 23,125 shares of the company’s stock worth $1,863,000 after buying an additional 1,254 shares during the last quarter. Finally, Inspire Advisors LLC boosted its stake in shares of WisdomTree International MidCap Dividend Fund by 3.8% in the 4th quarter. Inspire Advisors LLC now owns 18,934 shares of the company’s stock worth $1,525,000 after buying an additional 694 shares during the last quarter.

About WisdomTree International MidCap Dividend Fund

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