WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Significant Increase in Short Interest

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the recipient of a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 120,322 shares, an increase of 123.5% from the April 15th total of 53,825 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 198,947 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Several hedge funds have recently added to or reduced their stakes in DLN. Capital Investment Advisory Services LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter worth about $25,000. Dunhill Financial LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 3rd quarter worth about $26,000. GGM Financials LLC bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth about $30,000. Valley National Advisers Inc. bought a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund during the 4th quarter worth about $36,000. Finally, BNP Paribas Financial Markets raised its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 298.1% during the 3rd quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock worth $36,000 after buying an additional 307 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Stock Down 0.9%

WisdomTree U.S. LargeCap Dividend Fund stock traded down $0.85 during mid-day trading on Friday, hitting $94.69. 139,881 shares of the company’s stock traded hands, compared to its average volume of 185,986. The firm has a 50 day moving average price of $91.66 and a 200 day moving average price of $90.22. The company has a market cap of $6.03 billion, a PE ratio of 20.27 and a beta of 0.76. WisdomTree U.S. LargeCap Dividend Fund has a one year low of $77.94 and a one year high of $95.72.

About WisdomTree U.S. LargeCap Dividend Fund

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.