New York (December 14th, 2012) - Schweitzer-Mauduit International Inc. (NYSE: SWM), a multinational diversified producer of specialty papers, is marginally higher in mid-day trading today. At last check, SWM was trading 0.24% higher at $37.74.
SWM has traded in a very tight range over the past couple of weeks. The stock has struggled to break through $38 resistance level in the last few trading sessions. SWM currently has support at around $37.5. A bearish trend will be established if the stock falls below this level.
SWM has not made any major announcements recently. Back in October, the company had reported its third-quarter financial results.
Find out what could be SWM next big move here:
Wisdom Tree International SmallCap Dividend Fund (NYSEARCA: DLS) is marginally higher in mid-day trading today. DLS is an exchange traded fund. The fund seeks investment results that closely correspond to the price and yield performance of the WisdomTree International SmallCap Dividend Index, which is a fundamentally weighted index measuring the performance of the small-cap segment of the dividend-payment market in the industrialized world outside U.S. and Canada.
DLS is currently trading 0.34% higher at $50.40. The fund is currently trading close to its 52-week high of $50.64. DLF has had an excellent run over the last one month, gaining more than 8.3%. Year-to-date, the fund has gained more than 15%, outperforming the S&P 500.