Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Declines By 22.4%

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a large decline in short interest in the month of March. As of March 15th, there was short interest totalling 23,500 shares, a decline of 22.4% from the February 28th total of 30,300 shares. Based on an average daily volume of 59,200 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Down 0.4 %

Shares of DGRS traded down $0.19 during midday trading on Monday, reaching $46.34. 11,601 shares of the stock were exchanged, compared to its average volume of 38,271. The stock’s 50 day simple moving average is $49.68 and its 200 day simple moving average is $51.41. The company has a market cap of $414.73 million, a P/E ratio of 13.69 and a beta of 1.12. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a twelve month low of $45.79 and a twelve month high of $57.15.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, March 28th. Shareholders of record on Wednesday, March 26th were issued a $0.205 dividend. The ex-dividend date was Wednesday, March 26th. This represents a $2.46 dividend on an annualized basis and a yield of 5.31%. This is an increase from WisdomTree U.S. SmallCap Quality Dividend Growth Fund’s previous monthly dividend of $0.04.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in DGRS. Jones Financial Companies Lllp boosted its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 39.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,235 shares of the company’s stock valued at $63,000 after buying an additional 350 shares during the period. Sunbelt Securities Inc. lifted its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% during the 4th quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock valued at $320,000 after acquiring an additional 350 shares during the period. ORG Partners LLC acquired a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 4th quarter worth $40,000. Princeton Global Asset Management LLC increased its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 6.9% in the fourth quarter. Princeton Global Asset Management LLC now owns 22,455 shares of the company’s stock worth $1,150,000 after purchasing an additional 1,453 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the fourth quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company’s stock valued at $683,000 after purchasing an additional 1,617 shares in the last quarter.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.