WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Sees Large Drop in Short Interest

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 12,734 shares, a drop of 60.1% from the August 15th total of 31,909 shares. Based on an average trading volume of 87,100 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 5.0% during the 1st quarter. NewEdge Advisors LLC now owns 10,996 shares of the company’s stock valued at $873,000 after purchasing an additional 525 shares in the last quarter. Jones Financial Companies Lllp raised its stake in shares of WisdomTree U.S. LargeCap Dividend Fund by 138.1% in the 1st quarter. Jones Financial Companies Lllp now owns 6,594 shares of the company’s stock worth $523,000 after buying an additional 3,825 shares in the last quarter. Goldman Sachs Group Inc. lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 3.8% in the first quarter. Goldman Sachs Group Inc. now owns 316,107 shares of the company’s stock valued at $25,089,000 after buying an additional 11,588 shares during the period. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree U.S. LargeCap Dividend Fund in the second quarter valued at $411,000. Finally, Cerity Partners LLC boosted its stake in WisdomTree U.S. LargeCap Dividend Fund by 24.3% during the second quarter. Cerity Partners LLC now owns 47,079 shares of the company’s stock valued at $3,867,000 after buying an additional 9,206 shares in the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Stock Performance

NYSEARCA:DLN opened at $99.90 on Friday. The business has a fifty day moving average of $99.55 and a 200-day moving average of $95.60. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 20.27 and a beta of 0.75. WisdomTree U.S. LargeCap Dividend Fund has a 1 year low of $85.29 and a 1 year high of $101.83.

WisdomTree U.S. LargeCap Dividend Fund Company Profile

WisdomTree LargeCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree LargeCap Dividend Index (the Index). The Index is a fundamentally weighted index that measures the performance of the large-capitalization segment of the United States dividend-paying market. The Index consists of the 300 largest companies ranked by market capitalization from the WisdomTree Dividend Index. The Index is dividend weighted annually to reflect the proportionate share of the aggregate cash dividends each component company is projected to pay in the coming year, based on the most recently declared dividend per share.