WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) Sees Significant Drop in Short Interest

WisdomTree International MidCap Dividend Fund (NYSEARCA:DIM) was the recipient of a significant decline in short interest in the month of March. As of March 13th, there was short interest totaling 3,086 shares, a decline of 14.1% from the February 26th total of 3,591 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 5,282 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Inspire Advisors LLC raised its position in shares of WisdomTree International MidCap Dividend Fund by 3.8% during the fourth quarter. Inspire Advisors LLC now owns 18,934 shares of the company’s stock worth $1,525,000 after purchasing an additional 694 shares during the period. UBS Group AG increased its stake in WisdomTree International MidCap Dividend Fund by 9.6% during the 3rd quarter. UBS Group AG now owns 16,709 shares of the company’s stock worth $1,291,000 after purchasing an additional 1,463 shares in the last quarter. LPL Financial LLC raised its holdings in WisdomTree International MidCap Dividend Fund by 17.4% during the 4th quarter. LPL Financial LLC now owns 5,431 shares of the company’s stock worth $438,000 after buying an additional 804 shares during the period. &PARTNERS acquired a new stake in WisdomTree International MidCap Dividend Fund during the 4th quarter worth approximately $202,000. Finally, TopTier Wealth Management LLC bought a new position in WisdomTree International MidCap Dividend Fund in the fourth quarter valued at approximately $200,000.

WisdomTree International MidCap Dividend Fund Price Performance

DIM traded up $1.29 during mid-day trading on Tuesday, hitting $81.82. The stock had a trading volume of 4,630 shares, compared to its average volume of 4,967. The stock’s fifty day simple moving average is $85.11 and its 200-day simple moving average is $80.98. The firm has a market capitalization of $159.54 million, a price-to-earnings ratio of 13.01 and a beta of 0.76. WisdomTree International MidCap Dividend Fund has a 1-year low of $59.38 and a 1-year high of $89.69.

WisdomTree International MidCap Dividend Fund Company Profile

WisdomTree International MidCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree International MidCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the mid-capitalization segment of the dividend-paying market in the industrialized world outside the United States and Canada. The Index consists of companies that compose the top 75% of the market capitalization of the WisdomTree DEFA Index after the 300 largest companies have been removed.