WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES – Get Free Report) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 16,614 shares, a decrease of 60.7% from the July 30th total of 42,238 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 175,541 shares, the days-to-cover ratio is presently 0.1 days.
WisdomTree U.S. SmallCap Dividend Fund Trading Down 0.2%
Shares of DES stock traded down $0.09 during trading hours on Friday, hitting $40.46. 62,556 shares of the company were exchanged, compared to its average volume of 132,607. WisdomTree U.S. SmallCap Dividend Fund has a 52 week low of $31.75 and a 52 week high of $41.85. The business has a 50 day moving average of $40.69 and a two-hundred day moving average of $38.65. The company has a market capitalization of $2.17 billion, a PE ratio of 13.64 and a beta of 0.90.
Hedge Funds Weigh In On WisdomTree U.S. SmallCap Dividend Fund
A number of large investors have recently added to or reduced their stakes in the company. Goldman Sachs Group Inc. acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter worth about $529,000. Flow Traders U.S. LLC raised its position in WisdomTree U.S. SmallCap Dividend Fund by 111.8% in the 2nd quarter. Flow Traders U.S. LLC now owns 13,986 shares of the company’s stock valued at $444,000 after buying an additional 7,384 shares during the last quarter. NewEdge Advisors LLC raised its position in WisdomTree U.S. SmallCap Dividend Fund by 5.4% in the 2nd quarter. NewEdge Advisors LLC now owns 34,668 shares of the company’s stock valued at $1,101,000 after buying an additional 1,764 shares during the last quarter. Jane Street Group LLC bought a new stake in WisdomTree U.S. SmallCap Dividend Fund in the 2nd quarter valued at approximately $357,000. Finally, Bank of America Corp DE lifted its stake in WisdomTree U.S. SmallCap Dividend Fund by 21.3% in the 2nd quarter. Bank of America Corp DE now owns 2,299,893 shares of the company’s stock valued at $73,045,000 after acquiring an additional 404,368 shares in the last quarter.
About WisdomTree U.S. SmallCap Dividend Fund
WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.
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