WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Short Interest Up 598.7% in June

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the recipient of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 49,098 shares, an increase of 598.7% from the May 31st total of 7,027 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 115,703 shares, the days-to-cover ratio is currently 0.4 days.

WisdomTree U.S. MidCap Dividend Fund Trading Up 0.3%

Shares of DON stock traded up $0.15 during mid-day trading on Friday, reaching $56.62. The stock had a trading volume of 16,937 shares, compared to its average volume of 135,769. The company has a market cap of $3.98 billion, a P/E ratio of 15.04 and a beta of 0.85. WisdomTree U.S. MidCap Dividend Fund has a 12-month low of $49.44 and a 12-month high of $57.07. The business has a 50-day simple moving average of $55.27 and a 200 day simple moving average of $54.18.

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

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 5.2% in the second quarter. Bank of America Corp DE now owns 4,857,397 shares of the company’s stock valued at $243,453,000 after purchasing an additional 241,593 shares in the last quarter. Eastern Bank acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $11,438,000. Mercer Global Advisors Inc. ADV lifted its stake in WisdomTree U.S. MidCap Dividend Fund by 40.8% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 573,251 shares of the company’s stock valued at $29,981,000 after buying an additional 166,053 shares in the last quarter. Corient Private Wealth LLC grew its holdings in WisdomTree U.S. MidCap Dividend Fund by 388.2% during the 4th quarter. Corient Private Wealth LLC now owns 177,506 shares of the company’s stock valued at $9,222,000 after buying an additional 141,144 shares during the last quarter. Finally, Two Sigma Investments LP increased its position in WisdomTree U.S. MidCap Dividend Fund by 1,097.6% during the third quarter. Two Sigma Investments LP now owns 148,500 shares of the company’s stock worth $7,767,000 after buying an additional 136,100 shares in the last quarter.

About WisdomTree U.S. MidCap Dividend Fund

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.