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

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 19,123 shares, a drop of 50.8% from the July 15th total of 38,893 shares. Based on an average daily volume of 88,087 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the stock are sold short.

WisdomTree U.S. MidCap Dividend Fund Price Performance

DON traded up $0.20 during trading on Friday, reaching $58.90. 90,735 shares of the stock were exchanged, compared to its average volume of 128,372. The company has a market capitalization of $4.13 billion, a price-to-earnings ratio of 15.04 and a beta of 0.85. WisdomTree U.S. MidCap Dividend Fund has a 1 year low of $49.57 and a 1 year high of $58.97. The business’s 50 day moving average price is $56.99 and its two-hundred day moving average price is $55.32.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

A number of large investors have recently added to or reduced their stakes in DON. Bayban acquired a new position in WisdomTree U.S. MidCap Dividend Fund during the fourth quarter worth about $25,000. International Assets Investment Management LLC acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at approximately $27,000. LRI Investments LLC purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $31,000. IFC & Insurance Marketing Inc. purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $31,000. Finally, Basepoint Wealth LLC acquired a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 4th quarter worth approximately $32,000.

WisdomTree U.S. MidCap Dividend Fund Company Profile

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.