WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Up 93.3% in June

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 105,214 shares, a growth of 93.3% from the May 31st total of 54,419 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 745,783 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of WisdomTree U.S. Quality Dividend Growth Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Palisade Asset Management LLC acquired a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the third quarter worth approximately $27,000. Optima Capital LLC acquired a new position in WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter worth approximately $37,000. Sound Income Strategies LLC raised its stake in WisdomTree U.S. Quality Dividend Growth Fund by 235.7% during the fourth quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock worth $44,000 after purchasing an additional 337 shares during the period. Stone House Investment Management LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund during the fourth quarter worth approximately $43,000. Finally, Assetmark Inc. boosted its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 37.7% in the 4th quarter. Assetmark Inc. now owns 555 shares of the company’s stock valued at $50,000 after purchasing an additional 152 shares during the last quarter.

WisdomTree U.S. Quality Dividend Growth Fund Stock Down 0.2%

Shares of NASDAQ:DGRW traded down $0.18 during midday trading on Thursday, reaching $95.37. The company’s stock had a trading volume of 192,116 shares, compared to its average volume of 903,884. The firm has a market cap of $16.69 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82. The business has a 50 day moving average price of $95.54 and a 200 day moving average price of $92.41. WisdomTree U.S. Quality Dividend Growth Fund has a 1 year low of $83.95 and a 1 year high of $98.00.

About WisdomTree U.S. Quality Dividend Growth Fund

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.