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

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DESGet Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 42,238 shares, a decrease of 53.1% from the July 15th total of 90,093 shares. Based on an average daily volume of 100,114 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Dividend Fund

A number of large investors have recently bought and sold shares of DES. Rossby Financial LCC purchased a new position in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth $28,000. CBIZ Investment Advisory Services LLC purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at $30,000. Sfam LLC purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at $31,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter valued at $32,000. Finally, First Horizon Corp acquired a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the first quarter valued at $38,000.

WisdomTree U.S. SmallCap Dividend Fund Stock Up 0.6%

Shares of DES traded up $0.25 during mid-day trading on Friday, reaching $41.73. 52,602 shares of the company’s stock were exchanged, compared to its average volume of 136,451. The company has a 50-day simple moving average of $40.43 and a two-hundred day simple moving average of $38.34. WisdomTree U.S. SmallCap Dividend Fund has a 52-week low of $31.75 and a 52-week high of $41.85. The company has a market cap of $2.24 billion, a price-to-earnings ratio of 13.64 and a beta of 0.90.

About WisdomTree U.S. SmallCap Dividend Fund

(Get Free Report)

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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