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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DONGet Free Report) was the recipient of a significant increase in short interest in the month of February. As of February 27th, there was short interest totaling 48,376 shares, an increase of 160.6% from the February 12th total of 18,564 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 134,911 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 134,911 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

WisdomTree U.S. MidCap Dividend Fund Trading Down 1.1%

DON stock traded down $0.60 during trading on Thursday, hitting $52.34. The company had a trading volume of 121,308 shares, compared to its average volume of 158,461. The company has a fifty day moving average price of $54.44 and a two-hundred day moving average price of $52.75. WisdomTree U.S. MidCap Dividend Fund has a fifty-two week low of $42.50 and a fifty-two week high of $56.99. The company has a market cap of $3.71 billion, a P/E ratio of 15.04 and a beta of 0.94.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a $0.0418 dividend. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, December 31st.

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

Several large investors have recently made changes to their positions in DON. Bayban bought a new position in WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at approximately $25,000. International Assets Investment Management LLC acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at approximately $27,000. LRI Investments LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth $31,000. IFC & Insurance Marketing Inc. bought a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at about $31,000. Finally, Basepoint Wealth LLC acquired a new position in WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $32,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

(Get Free Report)

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.

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