WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) Short Interest Down 63.0% in May

WisdomTree U.S. LargeCap Dividend Fund (NYSEARCA:DLN) saw a significant drop in short interest in May. As of May 29th, there was short interest totaling 18,720 shares, a drop of 63.0% from the May 14th total of 50,663 shares. Based on an average daily volume of 116,720 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are short sold.

WisdomTree U.S. LargeCap Dividend Fund Price Performance

Shares of DLN stock traded up $0.71 during trading hours on Friday, reaching $96.82. The company had a trading volume of 157,060 shares, compared to its average volume of 175,884. WisdomTree U.S. LargeCap Dividend Fund has a 12 month low of $80.01 and a 12 month high of $97.07. The business has a fifty day simple moving average of $94.15 and a 200-day simple moving average of $91.49. The company has a market cap of $6.16 billion, a price-to-earnings ratio of 20.27 and a beta of 0.76.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. Dana Investment Advisors Inc. lifted its holdings in shares of WisdomTree U.S. LargeCap Dividend Fund by 4.7% in the fourth quarter. Dana Investment Advisors Inc. now owns 2,450 shares of the company’s stock valued at $216,000 after purchasing an additional 111 shares in the last quarter. Merit Financial Group LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.3% during the fourth quarter. Merit Financial Group LLC now owns 9,710 shares of the company’s stock valued at $855,000 after acquiring an additional 123 shares during the last quarter. Thoroughbred Financial Services LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 1.5% during the third quarter. Thoroughbred Financial Services LLC now owns 8,888 shares of the company’s stock valued at $773,000 after acquiring an additional 131 shares during the last quarter. Team Financial Group LLC increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.7% during the first quarter. Team Financial Group LLC now owns 22,547 shares of the company’s stock valued at $2,014,000 after acquiring an additional 149 shares during the last quarter. Finally, Ausdal Financial Partners Inc. increased its position in shares of WisdomTree U.S. LargeCap Dividend Fund by 0.5% during the third quarter. Ausdal Financial Partners Inc. now owns 28,707 shares of the company’s stock valued at $2,498,000 after acquiring an additional 153 shares during the last quarter.

About WisdomTree U.S. LargeCap Dividend Fund

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.