WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Large Growth in Short Interest

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,303 shares, a growth of 84.5% from the July 30th total of 7,751 shares. Based on an average daily trading volume, of 37,066 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Price Performance

Shares of NASDAQ:DGRS traded down $0.46 during midday trading on Monday, reaching $59.24. The company had a trading volume of 6,960 shares, compared to its average volume of 30,801. The stock has a market capitalization of $400.46 million, a P/E ratio of 12.34 and a beta of 0.98. The stock’s fifty day moving average price is $59.80 and its 200-day moving average price is $56.90. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a one year low of $46.21 and a one year high of $61.89.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Arkadios Wealth Advisors lifted its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 17.7% during the first quarter. Arkadios Wealth Advisors now owns 8,233 shares of the company’s stock worth $436,000 after purchasing an additional 1,237 shares during the last quarter. Compass Financial Management LLC bought a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the second quarter valued at about $479,000. First National Bank Sioux Falls raised its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 3.1% during the first quarter. First National Bank Sioux Falls now owns 9,052 shares of the company’s stock valued at $501,000 after buying an additional 273 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 14,487 shares of the company’s stock worth $674,000 after buying an additional 293 shares during the last quarter. Finally, Harbor Investment Advisory LLC lifted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 23.3% during the 1st quarter. Harbor Investment Advisory LLC now owns 14,185 shares of the company’s stock worth $751,000 after buying an additional 2,683 shares during 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.