WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Significant Growth in Short Interest

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 62,896 shares, an increase of 490.0% from the September 15th total of 10,661 shares. Based on an average trading volume of 143,344 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

A number of institutional investors have recently modified their holdings of the company. Toth Financial Advisory Corp acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter valued at $26,000. Eastern Bank purchased a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the second quarter worth about $44,000. Coastline Trust Co acquired a new stake in WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at approximately $58,000. Rosenberg Matthew Hamilton acquired a new position in shares of WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter valued at approximately $58,000. Finally, MidFirst Bank bought a new position in WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter valued at $65,000.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

NYSEARCA DLN traded up $0.35 during trading hours on Friday, hitting $99.11. 107,483 shares of the company’s stock were exchanged, compared to its average volume of 153,277. The business’s 50 day moving average is $99.77 and its 200-day moving average is $96.59. WisdomTree U.S. LargeCap Dividend Fund has a 12-month low of $85.29 and a 12-month high of $101.83. The firm has a market capitalization of $6.27 billion, a P/E ratio of 20.27 and a beta of 0.75.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for WisdomTree U.S. LargeCap Dividend Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree U.S. LargeCap Dividend Fund and related companies with MarketBeat.com's FREE daily email newsletter.