WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Short Interest Down 60.7% in August

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) was the target of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 16,614 shares, a decline of 60.7% from the July 30th total of 42,238 shares. Based on an average daily volume of 175,541 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors 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 business. Bank of America Corp DE grew its position in WisdomTree U.S. SmallCap Dividend Fund by 21.3% during the second quarter. Bank of America Corp DE now owns 2,299,893 shares of the company’s stock valued at $73,045,000 after buying an additional 404,368 shares during the period. Corient Private Wealth LLC boosted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 110.6% during the 2nd quarter. Corient Private Wealth LLC now owns 714,782 shares of the company’s stock worth $22,701,000 after acquiring an additional 375,454 shares during the last quarter. Allen Investment Management LLC purchased a new position in shares of WisdomTree U.S. SmallCap Dividend Fund during the 4th quarter worth $9,817,000. Mercer Global Advisors Inc. ADV grew its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 43.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 845,624 shares of the company’s stock valued at $28,481,000 after acquiring an additional 255,451 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 22.2% in the 4th quarter. Wells Fargo & Company MN now owns 729,432 shares of the company’s stock worth $24,400,000 after purchasing an additional 132,655 shares in the last quarter.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

Shares of DES stock traded down $0.13 on Friday, reaching $40.42. The stock had a trading volume of 106,426 shares, compared to its average volume of 132,884. WisdomTree U.S. SmallCap Dividend Fund has a 1 year low of $31.75 and a 1 year high of $41.85. The stock has a market cap of $2.17 billion, a P/E ratio of 13.64 and a beta of 0.90. The company has a 50 day simple moving average of $40.71 and a 200 day simple moving average of $38.67.

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.