WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Short Interest Up 598.7% in June

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 49,098 shares, a growth of 598.7% from the May 31st total of 7,027 shares. Based on an average daily volume of 115,703 shares, the short-interest ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

WisdomTree U.S. MidCap Dividend Fund Price Performance

Shares of DON stock traded up $0.15 during trading hours on Friday, reaching $56.62. 16,937 shares of the company’s stock were exchanged, compared to its average volume of 135,769. The company’s 50 day moving average is $55.27 and its two-hundred day moving average is $54.18. The company has a market cap of $3.98 billion, a P/E ratio of 15.04 and a beta of 0.85. WisdomTree U.S. MidCap Dividend Fund has a 1 year low of $49.44 and a 1 year high of $57.07.

Institutional Investors Weigh In On WisdomTree U.S. MidCap Dividend Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 5.2% during the 2nd quarter. Bank of America Corp DE now owns 4,857,397 shares of the company’s stock worth $243,453,000 after purchasing an additional 241,593 shares during the period. Eastern Bank acquired a new stake in shares of WisdomTree U.S. MidCap Dividend Fund in the fourth quarter valued at about $11,438,000. Mercer Global Advisors Inc. ADV boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 40.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 573,251 shares of the company’s stock worth $29,981,000 after buying an additional 166,053 shares in the last quarter. Corient Private Wealth LLC boosted its holdings in WisdomTree U.S. MidCap Dividend Fund by 388.2% during the fourth quarter. Corient Private Wealth LLC now owns 177,506 shares of the company’s stock worth $9,222,000 after buying an additional 141,144 shares in the last quarter. Finally, Two Sigma Investments LP grew its position in WisdomTree U.S. MidCap Dividend Fund by 1,097.6% during the third quarter. Two Sigma Investments LP now owns 148,500 shares of the company’s stock worth $7,767,000 after buying an additional 136,100 shares during the period.

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.