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

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) saw a large increase in short interest in September. As of September 15th, there was short interest totaling 538,671 shares, an increase of 3,120.0% from the August 31st total of 16,729 shares. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 128,625 shares, the short-interest ratio is presently 4.2 days.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

Shares of WisdomTree U.S. SmallCap Dividend Fund stock traded down $0.14 during trading on Friday, reaching $38.44. The company had a trading volume of 26,102 shares, compared to its average volume of 129,686. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 13.64 and a beta of 0.89. The firm’s fifty day moving average is $40.42 and its 200-day moving average is $38.98. WisdomTree U.S. SmallCap Dividend Fund has a fifty-two week low of $31.75 and a fifty-two week high of $41.85.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

Several institutional investors and hedge funds have recently bought and sold shares of the company. Allen Investment Management LLC bought a new position in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter worth approximately $9,817,000. Evanson Financial LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund in the 2nd quarter valued at approximately $3,709,000. Vestor Capital LLC bought a new stake in WisdomTree U.S. SmallCap Dividend Fund during the 1st quarter valued at $2,707,000. Dickmeyer Boyce Financial Management Inc. bought a new stake in WisdomTree U.S. SmallCap Dividend Fund during the 1st quarter valued at $2,660,000. Finally, Huntington National Bank raised its stake in WisdomTree U.S. SmallCap Dividend Fund by 8.7% during the 4th quarter. Huntington National Bank now owns 692,824 shares of the company’s stock valued at $23,175,000 after acquiring an additional 55,487 shares in the last quarter.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

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.