WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Short Interest Update
by Amy Steele · The Cerbat GemWisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON – Get Free Report) saw a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 24,882 shares, a decrease of 48.6% from the February 26th total of 48,376 shares. Based on an average trading volume of 109,538 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company’s stock are sold short.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the stock. Bayban purchased a new stake in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter valued at $25,000. International Assets Investment Management LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at about $27,000. LRI Investments LLC bought a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter valued at about $31,000. IFC & Insurance Marketing Inc. purchased a new stake in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth about $31,000. Finally, Basepoint Wealth LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth about $32,000.
WisdomTree U.S. MidCap Dividend Fund Trading Down 1.1%
NYSEARCA DON traded down $0.58 during trading hours on Friday, hitting $51.69. The company’s stock had a trading volume of 192,531 shares, compared to its average volume of 153,750. The company has a market capitalization of $3.66 billion, a PE ratio of 15.04 and a beta of 0.94. WisdomTree U.S. MidCap Dividend Fund has a 52 week low of $42.50 and a 52 week high of $56.99. The company’s 50-day simple moving average is $54.19 and its two-hundred day simple moving average is $52.70.
WisdomTree U.S. MidCap Dividend Fund Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Monday, January 5th. Stockholders of record on Wednesday, December 31st were issued a $0.0418 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Wednesday, December 31st.
WisdomTree U.S. MidCap Dividend Fund Company Profile
WisdomTree MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.