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

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 50,663 shares, a drop of 57.9% from the April 30th total of 120,322 shares. Based on an average daily volume of 139,042 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

DLN traded down $0.17 on Monday, hitting $96.01. The company had a trading volume of 129,175 shares, compared to its average volume of 179,379. The stock has a market capitalization of $6.11 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76. The stock has a fifty day moving average price of $92.82 and a 200-day moving average price of $90.92. WisdomTree U.S. LargeCap Dividend Fund has a 12-month low of $78.90 and a 12-month high of $96.51.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of DLN. Dana Investment Advisors Inc. grew its holdings in WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the fourth quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock worth $216,000 after purchasing an additional 111 shares during the last quarter. Merit Financial Group LLC raised its stake in WisdomTree U.S. LargeCap Dividend Fund by 1.3% in the fourth quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock valued at $855,000 after buying an additional 123 shares during the last quarter. Thoroughbred Financial Services LLC boosted its holdings in WisdomTree U.S. LargeCap Dividend Fund by 1.5% in the third quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock worth $773,000 after acquiring an additional 131 shares in the last quarter. Team Financial Group LLC grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.7% during the first quarter. Team Financial Group LLC now owns 22,547 shares of the company’s stock worth $2,014,000 after acquiring an additional 149 shares during the last quarter. Finally, Ausdal Financial Partners Inc. grew its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.5% during the third quarter. Ausdal Financial Partners Inc. now owns 28,707 shares of the company’s stock worth $2,498,000 after acquiring an additional 153 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

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.