WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Sees Significant Decline in Short Interest

by · The Markets Daily

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON – Get Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 44,964 shares, a decrease of 29.0% from the December 15th total of 63,309 shares. Based on an average trading volume of 169,473 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 169,473 shares, the short-interest ratio is currently 0.3 days.

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

Institutional investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. acquired a new stake in WisdomTree U.S. MidCap Dividend Fund during the 1st quarter worth approximately $576,000. Focus Financial Network Inc. lifted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 5.2% during the second quarter. Focus Financial Network Inc. now owns 17,548 shares of the company’s stock worth $879,000 after purchasing an additional 860 shares during the period. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 0.3% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 232,438 shares of the company’s stock worth $12,001,000 after purchasing an additional 720 shares during the period. Oliver Lagore Vanvalin Investment Group acquired a new position in WisdomTree U.S. MidCap Dividend Fund in the 2nd quarter valued at $42,000. Finally, CX Institutional raised its position in WisdomTree U.S. MidCap Dividend Fund by 6.6% during the 2nd quarter. CX Institutional now owns 163,539 shares of the company’s stock worth $8,197,000 after buying an additional 10,069 shares during the last quarter.

WisdomTree U.S. MidCap Dividend Fund Price Performance

Shares of DON traded down $0.17 during mid-day trading on Friday, reaching $54.12. 140,127 shares of the company’s stock were exchanged, compared to its average volume of 193,948. The business’s fifty day simple moving average is $52.08 and its 200-day simple moving average is $51.80. The stock has a market capitalization of $3.86 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 $54.38.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The firm 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 0.9%. The ex-dividend date of this dividend was Wednesday, December 31st.

About WisdomTree U.S. MidCap Dividend Fund

(Get Free Report)

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.

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