WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Short Interest Up 289.6% in June

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 111,934 shares, an increase of 289.6% from the June 15th total of 28,729 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily volume of 179,473 shares, the short-interest ratio is presently 0.6 days.

WisdomTree U.S. SmallCap Dividend Fund Price Performance

Shares of NYSEARCA:DES traded up $0.05 during midday trading on Monday, hitting $40.21. The company had a trading volume of 103,333 shares, compared to its average volume of 137,019. WisdomTree U.S. SmallCap Dividend Fund has a twelve month low of $31.05 and a twelve month high of $40.98. The stock has a market cap of $2.16 billion, a price-to-earnings ratio of 13.64 and a beta of 0.89. The business’s 50-day simple moving average is $39.15 and its 200-day simple moving average is $37.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Holos Integrated Wealth LLC acquired a new position in WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter valued at about $27,000. Rossby Financial LCC purchased a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth approximately $28,000. CBIZ Investment Advisory Services LLC purchased a new position in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth approximately $30,000. Sfam LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth $31,000. Finally, Kohmann Bosshard Financial Services LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth $32,000.

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.