WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) Sees Significant Increase in Short Interest

WisdomTree U.S. Total Dividend Fund (NYSEARCA:DTD) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 24,367 shares, an increase of 80.8% from the February 26th total of 13,481 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 23,035 shares, the days-to-cover ratio is currently 1.1 days.

WisdomTree U.S. Total Dividend Fund Stock Down 1.1%

NYSEARCA DTD opened at $85.57 on Friday. WisdomTree U.S. Total Dividend Fund has a 52 week low of $67.09 and a 52 week high of $91.02. The firm has a market capitalization of $1.47 billion, a price-to-earnings ratio of 19.40 and a beta of 0.83. The company has a fifty day moving average of $88.32 and a two-hundred day moving average of $85.74.

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

A number of large investors have recently made changes to their positions in DTD. Belpointe Asset Management LLC lifted its stake in WisdomTree U.S. Total Dividend Fund by 2.6% in the third quarter. Belpointe Asset Management LLC now owns 8,880 shares of the company’s stock worth $746,000 after purchasing an additional 225 shares during the last quarter. Foundations Investment Advisors LLC boosted its position in shares of WisdomTree U.S. Total Dividend Fund by 6.6% during the third quarter. Foundations Investment Advisors LLC now owns 88,086 shares of the company’s stock valued at $7,399,000 after buying an additional 5,468 shares during the period. Tranquility Partners LLC bought a new position in shares of WisdomTree U.S. Total Dividend Fund during the third quarter valued at approximately $205,000. Root Financial Partners LLC bought a new position in shares of WisdomTree U.S. Total Dividend Fund during the third quarter valued at approximately $288,000. Finally, Element Wealth LLC raised its holdings in shares of WisdomTree U.S. Total Dividend Fund by 27.4% in the third quarter. Element Wealth LLC now owns 3,899 shares of the company’s stock worth $328,000 after buying an additional 838 shares during the period.

WisdomTree U.S. Total Dividend Fund Company Profile

The WisdomTree U.S. Total Dividend Fund (DTD) is an exchange-traded fund that is based on the WisdomTree Dividend index. The fund tracks an index of US companies selected and weighted based on the dollar amount of dividends paid. DTD was launched on Jun 16, 2006 and is managed by WisdomTree.