Short Interest in WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) Expands By 234.8%

WisdomTree U.S. MidCap Dividend Fund (NYSEARCA:DON) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 18,564 shares, a growth of 234.8% from the January 29th total of 5,544 shares. Based on an average trading volume of 167,288 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 167,288 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of WisdomTree U.S. MidCap Dividend Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Atlantic Union Bankshares Corp purchased a new position in shares of WisdomTree U.S. MidCap Dividend Fund during the 2nd quarter worth about $19,561,000. Bank of America Corp DE raised its stake in WisdomTree U.S. MidCap Dividend Fund by 5.2% during the second 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 position in shares of WisdomTree U.S. MidCap Dividend Fund in the 4th quarter valued at $11,438,000. Mercer Global Advisors Inc. ADV grew its stake in shares of WisdomTree U.S. MidCap Dividend Fund by 40.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 573,251 shares of the company’s stock valued at $29,981,000 after buying an additional 166,053 shares during the period. Finally, Corient Private Wealth LLC increased its holdings in shares of WisdomTree U.S. MidCap Dividend Fund by 386.6% during the 4th quarter. Corient Private Wealth LLC now owns 176,933 shares of the company’s stock worth $9,193,000 after buying an additional 140,571 shares during the last quarter.

WisdomTree U.S. MidCap Dividend Fund Stock Performance

DON stock traded up $0.38 during trading on Thursday, hitting $55.88. The stock had a trading volume of 17,095 shares, compared to its average volume of 168,919. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 15.04 and a beta of 0.94. The company’s 50 day moving average price is $53.99 and its two-hundred day moving average price is $52.56. WisdomTree U.S. MidCap Dividend Fund has a 1-year low of $42.50 and a 1-year high of $56.99.

WisdomTree U.S. MidCap Dividend Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, February 26th. Stockholders of record on Tuesday, February 24th will be given a $0.0064 dividend. The ex-dividend date of this dividend is Tuesday, February 24th. This represents a c) dividend on an annualized basis and a dividend yield of 0.1%.

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.