WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) Sees Significant Increase in Short Interest

WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 7,655 shares, a growth of 146.1% from the June 15th total of 3,111 shares. Based on an average daily volume of 4,643 shares, the short-interest ratio is currently 1.6 days. Approximately 0.4% of the company’s shares are short sold.

WisdomTree International MidCap Dividend Fund Stock Performance

NYSEARCA:DIM traded up $0.40 during trading hours on Tuesday, reaching $86.53. The company’s stock had a trading volume of 467 shares, compared to its average volume of 4,178. The firm has a market capitalization of $164.40 million, a price-to-earnings ratio of 13.01 and a beta of 0.69. The firm has a 50-day simple moving average of $86.67 and a 200-day simple moving average of $85.36. WisdomTree International MidCap Dividend Fund has a 1 year low of $73.85 and a 1 year high of $89.69.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. RMG Wealth Management LLC bought a new stake in shares of WisdomTree International MidCap Dividend Fund in the 1st quarter valued at about $45,000. Phillip James Consulting Co. bought a new stake in WisdomTree International MidCap Dividend Fund in the first quarter valued at approximately $2,568,000. Geneos Wealth Management Inc. lifted its position in WisdomTree International MidCap Dividend Fund by 1.6% in the first quarter. Geneos Wealth Management Inc. now owns 13,166 shares of the company’s stock valued at $1,091,000 after purchasing an additional 213 shares during the last quarter. Sanctuary Advisors LLC boosted its stake in shares of WisdomTree International MidCap Dividend Fund by 66.8% during the first quarter. Sanctuary Advisors LLC now owns 18,703 shares of the company’s stock valued at $1,549,000 after purchasing an additional 7,491 shares during the period. Finally, Sigma Planning Corp bought a new position in shares of WisdomTree International MidCap Dividend Fund in the first quarter worth approximately $232,000.

WisdomTree International MidCap Dividend Fund Company Profile

WisdomTree International MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree International MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the United States and Canada. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree DEFA Index after the 300 largest companies have been removed.