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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the recipient of a significant growth in short interest in September. As of September 30th, there was short interest totaling 13,233 shares, a growth of 148.6% from the September 15th total of 5,323 shares. Based on an average trading volume of 244,845 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

DON traded down $0.30 during trading hours on Wednesday, reaching $54.79. The company’s stock had a trading volume of 114,486 shares, compared to its average volume of 140,791. The company’s 50-day moving average is $56.67 and its 200-day moving average is $55.92. WisdomTree U.S. MidCap Dividend Fund has a 52 week low of $49.57 and a 52 week high of $58.97. The firm has a market cap of $3.81 billion, a PE ratio of 15.04 and a beta of 0.86.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. Focus Financial Network Inc. increased its position in WisdomTree U.S. MidCap Dividend Fund by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 17,653 shares of the company’s stock worth $952,000 after purchasing an additional 353 shares in the last quarter. Fragasso Financial Advisors Inc acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the third quarter valued at about $327,000. Roan Capital Partners grew its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 4.0% during the third quarter. Roan Capital Partners now owns 114,108 shares of the company’s stock worth $6,156,000 after purchasing an additional 4,414 shares during the last quarter. Friday Financial increased its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 4.3% in the third quarter. Friday Financial now owns 14,971 shares of the company’s stock valued at $813,000 after buying an additional 621 shares during the period. Finally, Inspirion Wealth Advisors LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund in the 3rd quarter valued at approximately $4,353,000.

About WisdomTree U.S. MidCap Dividend Fund

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.