WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Stock Short Interest Climbs 148.6%

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 13,233 shares, an increase of 148.6% from the September 15th total of 5,323 shares. Based on an average daily volume of 244,845 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.0% of the company’s stock are short sold.

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

Several hedge funds have recently modified their holdings of DON. Mather Group LLC. purchased a new position in WisdomTree U.S. MidCap Dividend Fund in the third quarter valued at approximately $1,104,000. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in WisdomTree U.S. MidCap Dividend Fund in the third quarter worth $2,627,000. Focus Financial Network Inc. increased its position in WisdomTree U.S. MidCap Dividend Fund by 2.0% in the third quarter. Focus Financial Network Inc. now owns 17,653 shares of the company’s stock worth $952,000 after buying an additional 353 shares during the last quarter. Fragasso Financial Advisors Inc purchased a new stake in WisdomTree U.S. MidCap Dividend Fund in the third quarter worth $327,000. Finally, Roan Capital Partners raised its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 4.0% in the third quarter. Roan Capital Partners now owns 114,108 shares of the company’s stock valued at $6,156,000 after buying an additional 4,414 shares during the period.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

Shares of DON stock opened at $54.79 on Thursday. WisdomTree U.S. MidCap Dividend Fund has a 52-week low of $49.57 and a 52-week high of $58.97. The company has a 50-day simple moving average of $56.59 and a two-hundred day simple moving average of $55.93. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 15.04 and a beta of 0.86.

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.