WisdomTree Europe SmallCap Dividend Fund (NYSEARCA:DFE) Stock Short Interest Drops 45.5%

WisdomTree Europe SmallCap Dividend Fund (NYSEARCA:DFE) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 3,428 shares, a drop of 45.5% from the September 15th total of 6,288 shares. Based on an average daily trading volume, of 8,816 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Vontobel Holding Ltd. bought a new position in WisdomTree Europe SmallCap Dividend Fund during the third quarter worth $2,589,000. Seven Bridges Advisors LLC acquired a new position in WisdomTree Europe SmallCap Dividend Fund in the 3rd quarter valued at approximately $6,316,000. Bank of America Corp DE lifted its position in shares of WisdomTree Europe SmallCap Dividend Fund by 30.1% in the 1st quarter. Bank of America Corp DE now owns 71,052 shares of the company’s stock worth $5,097,000 after acquiring an additional 16,446 shares during the period. Bank of New York Mellon Corp grew its holdings in shares of WisdomTree Europe SmallCap Dividend Fund by 228.5% during the 1st quarter. Bank of New York Mellon Corp now owns 25,876 shares of the company’s stock worth $1,856,000 after purchasing an additional 18,000 shares in the last quarter. Finally, Fifth Third Bancorp bought a new stake in shares of WisdomTree Europe SmallCap Dividend Fund during the first quarter valued at approximately $154,000.

WisdomTree Europe SmallCap Dividend Fund Stock Performance

Shares of DFE stock traded up $0.14 during midday trading on Friday, reaching $74.26. 1,339 shares of the company were exchanged, compared to its average volume of 7,012. WisdomTree Europe SmallCap Dividend Fund has a 12 month low of $66.05 and a 12 month high of $78.34. The company has a market cap of $159.66 million, a P/E ratio of 11.89 and a beta of 0.84. The company’s 50 day moving average price is $75.95 and its two-hundred day moving average price is $75.33.

WisdomTree Europe SmallCap Dividend Fund Company Profile

The WisdomTree Europe SmallCap Dividend Fund (DFE) is an exchange-traded fund that is based on the WisdomTree Europe SmallCap Dividend index. The fund tracks a dividend-weighted index of small-cap, dividend-paying stocks in Europe. DFE was launched on Jun 16, 2006 and is managed by WisdomTree.