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

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) was the target of a significant decrease in short interest in the month of 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 trading volume of 100,114 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

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

NYSEARCA:DES traded up $0.25 during midday trading on Friday, reaching $41.73. The company had a trading volume of 52,602 shares, compared to its average volume of 136,451. WisdomTree U.S. SmallCap Dividend Fund has a 12-month low of $31.75 and a 12-month high of $41.85. The firm has a market capitalization of $2.24 billion, a price-to-earnings ratio of 13.64 and a beta of 0.90. The stock’s fifty day simple moving average is $40.43 and its 200-day simple moving average is $38.34.

Hedge Funds Weigh In On WisdomTree U.S. SmallCap Dividend Fund

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Ashton Thomas Private Wealth LLC acquired a new stake in WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at $206,000. Del Sette Capital Management LLC boosted its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 5.9% during the 4th quarter. Del Sette Capital Management LLC now owns 189,302 shares of the company’s stock worth $6,332,000 after acquiring an additional 10,475 shares in the last quarter. Total Clarity Wealth Management Inc. acquired a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 4th quarter worth about $1,166,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the 4th quarter valued at about $32,000. Finally, Keybank National Association OH increased its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.5% in the 4th quarter. Keybank National Association OH now owns 711,178 shares of the company’s stock valued at $23,789,000 after acquiring an additional 3,528 shares during 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.