Short Interest in WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Increases By 445.9%

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 102,194 shares, an increase of 445.9% from the May 31st total of 18,720 shares. Based on an average trading volume of 133,226 shares, the days-to-cover ratio is presently 0.8 days. Currently, 0.2% of the company’s stock are sold short.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Dunhill Financial LLC purchased a new position in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter valued at approximately $26,000. GGM Financials LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the fourth quarter worth approximately $30,000. Valley National Advisers Inc. bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the fourth quarter worth $36,000. BNP Paribas Financial Markets increased its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 298.1% in the third quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock worth $36,000 after buying an additional 307 shares during the last quarter. Finally, Quattro Advisors LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the fourth quarter worth $40,000.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

Shares of NYSEARCA:DLN traded up $0.19 during trading on Friday, hitting $96.28. The company’s stock had a trading volume of 50,983 shares, compared to its average volume of 171,355. The company has a market capitalization of $6.13 billion, a PE ratio of 20.27 and a beta of 0.76. WisdomTree U.S. LargeCap Dividend Fund has a fifty-two week low of $81.34 and a fifty-two week high of $97.62. The stock’s 50-day moving average price is $95.13 and its two-hundred day moving average price is $92.05.

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.