WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Short Interest Down 63.0% in May

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 18,720 shares, a drop of 63.0% from the May 14th total of 50,663 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 116,720 shares, the short-interest ratio is currently 0.2 days.

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

Hedge funds have recently bought and sold shares of the business. Dunhill Financial LLC acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at approximately $26,000. Thoroughbred Financial Services LLC grew its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the 3rd quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock valued at $773,000 after purchasing an additional 131 shares in the last quarter. Kovack Advisors Inc. grew its stake in WisdomTree U.S. LargeCap Dividend Fund by 6.7% during the 3rd quarter. Kovack Advisors Inc. now owns 3,600 shares of the company’s stock valued at $313,000 after purchasing an additional 225 shares in the last quarter. Advisors Preferred LLC acquired a new position in WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter worth $2,394,000. Finally, Synovus Financial Corp grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 250.8% during the 3rd quarter. Synovus Financial Corp now owns 25,854 shares of the company’s stock worth $2,251,000 after acquiring an additional 18,484 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

DLN traded up $0.71 during trading hours on Friday, reaching $96.82. 157,060 shares of the stock traded hands, compared to its average volume of 175,884. The firm’s fifty day simple moving average is $94.15 and its two-hundred day simple moving average is $91.49. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76. WisdomTree U.S. LargeCap Dividend Fund has a fifty-two week low of $80.01 and a fifty-two week high of $97.07.

About WisdomTree U.S. LargeCap Dividend Fund

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.