WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sees Significant Drop in Short Interest

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) was the target of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 8,208 shares, a drop of 57.5% from the April 15th total of 19,308 shares. Based on an average trading volume of 28,394 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Trading of WisdomTree U.S. Total Dividend Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Glen Eagle Advisors LLC increased its stake in shares of WisdomTree U.S. Total Dividend Fund by 142.7% in the 4th quarter. Glen Eagle Advisors LLC now owns 682 shares of the company’s stock worth $58,000 after acquiring an additional 401 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund in the 3rd quarter worth $71,000. Flagship Harbor Advisors LLC acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund in the 4th quarter worth $92,000. Semmax Financial Advisors Inc. acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund in the 2nd quarter worth $97,000. Finally, Empowered Funds LLC acquired a new stake in shares of WisdomTree U.S. Total Dividend Fund in the 4th quarter worth $144,000.

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

Shares of DTD traded down $0.85 during midday trading on Friday, reaching $91.26. The company had a trading volume of 15,351 shares, compared to its average volume of 26,131. WisdomTree U.S. Total Dividend Fund has a 1-year low of $75.50 and a 1-year high of $92.36. The stock has a market cap of $1.57 billion, a PE ratio of 19.40 and a beta of 0.78. The firm has a 50 day simple moving average of $88.56 and a 200-day simple moving average of $87.12.

About WisdomTree U.S. Total Dividend Fund

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.