WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Sees Significant Growth in Short Interest

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 98,805 shares, a growth of 122.4% from the September 15th total of 44,432 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 307,439 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Tempus Wealth Planning LLC raised its stake in shares of WisdomTree U.S. Quality Growth Fund by 5.3% in the third quarter. Tempus Wealth Planning LLC now owns 4,864 shares of the company’s stock worth $334,000 after acquiring an additional 247 shares during the last quarter. Signal Advisors Wealth LLC bought a new position in WisdomTree U.S. Quality Growth Fund in the 3rd quarter valued at $342,000. Sax Wealth Advisors LLC acquired a new stake in shares of WisdomTree U.S. Quality Growth Fund in the 3rd quarter valued at $211,000. Sound Income Strategies LLC increased its stake in shares of WisdomTree U.S. Quality Growth Fund by 5.2% in the 3rd quarter. Sound Income Strategies LLC now owns 250,072 shares of the company’s stock valued at $17,440,000 after buying an additional 12,473 shares during the period. Finally, RVW Wealth LLC raised its position in shares of WisdomTree U.S. Quality Growth Fund by 4.1% during the third quarter. RVW Wealth LLC now owns 1,117,209 shares of the company’s stock worth $76,730,000 after acquiring an additional 43,967 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Stock Performance

Shares of NYSEARCA QGRW traded down $1.58 during mid-day trading on Wednesday, hitting $68.62. 653,807 shares of the stock were exchanged, compared to its average volume of 313,808. The company has a market cap of $3.25 billion, a P/E ratio of 36.83 and a beta of 1.31. The stock’s fifty day simple moving average is $68.05 and its two-hundred day simple moving average is $64.87. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $71.12.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.