Short Interest in WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Drops By 57.9%

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 50,663 shares, a drop of 57.9% from the April 30th total of 120,322 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 139,042 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of WisdomTree U.S. LargeCap Dividend Fund

Large investors have recently modified their holdings of the business. Capital Investment Advisory Services LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter worth approximately $25,000. Dunhill Financial LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 3rd quarter worth approximately $26,000. GGM Financials LLC bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 4th quarter worth approximately $30,000. Valley National Advisers Inc. bought a new stake in WisdomTree U.S. LargeCap Dividend Fund in the 4th quarter worth approximately $36,000. Finally, BNP Paribas Financial Markets lifted its position in WisdomTree U.S. LargeCap Dividend Fund by 298.1% in the 3rd quarter. BNP Paribas Financial Markets now owns 410 shares of the company’s stock worth $36,000 after buying an additional 307 shares during the last quarter.

WisdomTree U.S. LargeCap Dividend Fund Trading Up 0.2%

Shares of DLN traded up $0.15 during trading hours on Friday, reaching $96.18. 86,819 shares of the company’s stock traded hands, compared to its average volume of 179,872. The stock has a market cap of $6.12 billion, a PE ratio of 20.27 and a beta of 0.76. The firm’s 50 day simple moving average is $92.69 and its 200-day simple moving average is $90.84. WisdomTree U.S. LargeCap Dividend Fund has a 12 month low of $78.75 and a 12 month high of $96.51.

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.