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) saw a significant decrease in short interest during the month of September. As of September 30th, there was short interest totaling 42,484 shares, a decrease of 92.1% from the September 15th total of 538,671 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 83,631 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of WisdomTree U.S. SmallCap Dividend Fund

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in DES. Lee Kelleher & Klein Wealth Management boosted its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 3.1% during the 3rd quarter. Lee Kelleher & Klein Wealth Management now owns 167,110 shares of the company’s stock worth $6,333,000 after acquiring an additional 4,962 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of WisdomTree U.S. SmallCap Dividend Fund by 11.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 53,896 shares of the company’s stock worth $2,043,000 after purchasing an additional 5,512 shares in the last quarter. Dickmeyer Boyce Financial Management Inc. raised its holdings in WisdomTree U.S. SmallCap Dividend Fund by 3.9% in the 3rd quarter. Dickmeyer Boyce Financial Management Inc. now owns 78,200 shares of the company’s stock worth $2,964,000 after purchasing an additional 2,945 shares during the period. Envestnet Asset Management Inc. raised its holdings in WisdomTree U.S. SmallCap Dividend Fund by 4.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 249,762 shares of the company’s stock worth $10,160,000 after purchasing an additional 10,559 shares during the period. Finally, RFG Advisory LLC purchased a new position in WisdomTree U.S. SmallCap Dividend Fund during the second quarter valued at $238,000.

WisdomTree U.S. SmallCap Dividend Fund Stock Down 0.5%

NYSEARCA:DES traded down $0.18 on Friday, hitting $38.24. The stock had a trading volume of 49,450 shares, compared to its average volume of 127,663. The business’s 50-day simple moving average is $39.88 and its two-hundred day simple moving average is $39.19. The stock has a market cap of $2.06 billion, a price-to-earnings ratio of 13.64 and a beta of 0.90. WisdomTree U.S. SmallCap Dividend Fund has a 52-week low of $31.75 and a 52-week high of $41.85.

About WisdomTree U.S. SmallCap Dividend Fund

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.