WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Short Interest Update
by Amy Steele · The Cerbat GemWisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES – Get Free Report) saw 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 100,114 shares, the short-interest ratio is currently 0.4 days.
Hedge Funds Weigh In On WisdomTree U.S. SmallCap Dividend Fund
Hedge funds and other institutional investors have recently made changes to their positions in the company. Rossby Financial LCC purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth approximately $28,000. CBIZ Investment Advisory Services LLC purchased a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund during the fourth quarter worth $30,000. Sfam LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter valued at about $31,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the fourth quarter worth about $32,000. Finally, First Horizon Corp purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund in the first quarter worth about $38,000.
WisdomTree U.S. SmallCap Dividend Fund Stock Up 0.6%
Shares of NYSEARCA DES traded up $0.25 during trading on Friday, hitting $41.73. The company had a trading volume of 52,602 shares, compared to its average volume of 136,451. 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 has a fifty day simple moving average of $40.43 and a two-hundred day simple moving average of $38.36. WisdomTree U.S. SmallCap Dividend Fund has a fifty-two week low of $31.75 and a fifty-two week high of $41.85.
About WisdomTree U.S. SmallCap Dividend Fund
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.