WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) Shares Shorted: Short Interest Down 92.1% in September

WisdomTree U.S. SmallCap Dividend Fund (NYSEARCA:DES) was the target of a significant decline in short interest during the month of September. As of September 30th, there was short interest totaling 42,484 shares, a decline of 92.1% from the September 15th total of 538,671 shares. Based on an average daily volume of 83,631 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree U.S. SmallCap Dividend Fund Stock Performance

NYSEARCA:DES traded down $0.18 during trading on Friday, reaching $38.24. The company’s stock had a trading volume of 49,450 shares, compared to its average volume of 127,663. WisdomTree U.S. SmallCap Dividend Fund has a 12 month low of $31.75 and a 12 month high of $41.85. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 13.64 and a beta of 0.90. The firm has a 50 day moving average of $39.88 and a 200-day moving average of $39.19.

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

Several institutional investors have recently added to or reduced their stakes in the stock. Focus Financial Network Inc. boosted its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 2.2% during the 2nd quarter. Focus Financial Network Inc. now owns 13,436 shares of the company’s stock valued at $547,000 after buying an additional 294 shares in the last quarter. Wealthcare Advisory Partners LLC increased its stake in WisdomTree U.S. SmallCap Dividend Fund by 0.4% during the 2nd quarter. Wealthcare Advisory Partners LLC now owns 100,523 shares of the company’s stock valued at $4,089,000 after purchasing an additional 363 shares in the last quarter. Three Bearings Fiduciary Advisors Inc. increased its position in shares of WisdomTree U.S. SmallCap Dividend Fund by 0.5% during the first quarter. Three Bearings Fiduciary Advisors Inc. now owns 128,603 shares of the company’s stock valued at $4,622,000 after acquiring an additional 604 shares in the last quarter. Corient Private Wealth LP increased its holdings in shares of WisdomTree U.S. SmallCap Dividend Fund by 1.0% in the 2nd quarter. Corient Private Wealth LP now owns 70,809 shares of the company’s stock worth $2,881,000 after purchasing an additional 668 shares in the last quarter. Finally, Sanctuary Advisors LLC raised its position in WisdomTree U.S. SmallCap Dividend Fund by 5.7% in the 1st quarter. Sanctuary Advisors LLC now owns 13,113 shares of the company’s stock worth $471,000 after buying an additional 711 shares during the last quarter.

WisdomTree U.S. SmallCap Dividend Fund Company Profile

WisdomTree SmallCap Dividend Fund (the Fund) seeks investment results that closely correspond to the price and yield performance of the WisdomTree SmallCap Dividend Index (the Index). The Index is a fundamentally weighted index measuring the performance of the small-capitalization segment of the United States dividend-paying market. The Index consists of companies that compose the bottom 25% of the market capitalization of the WisdomTree Dividend Index after the 300 largest companies have been removed.