WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Shares Shorted: Short Interest Up 113.2% in October

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 210,685 shares, a growth of 113.2% from the September 30th total of 98,805 shares. Based on an average daily trading volume, of 350,555 shares, the short-interest ratio is presently 0.6 days. Approximately 0.4% of the company’s stock are short sold.

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

A number of hedge funds and other institutional investors have recently modified their holdings of QGRW. MGO One Seven LLC grew its stake in shares of WisdomTree U.S. Quality Growth Fund by 0.3% during the third quarter. MGO One Seven LLC now owns 60,087 shares of the company’s stock worth $4,127,000 after purchasing an additional 192 shares in the last quarter. Tempus Wealth Planning LLC raised its stake in 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 valued at $334,000 after buying an additional 247 shares in the last quarter. ZEGA Investments LLC raised its stake in WisdomTree U.S. Quality Growth Fund by 8.6% in the second quarter. ZEGA Investments LLC now owns 5,694 shares of the company’s stock valued at $376,000 after buying an additional 451 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in WisdomTree U.S. Quality Growth Fund by 10.5% during the 2nd quarter. NewEdge Advisors LLC now owns 5,090 shares of the company’s stock worth $336,000 after buying an additional 484 shares during the last quarter. Finally, WealthPoint Financial LLC lifted its holdings in WisdomTree U.S. Quality Growth Fund by 5.7% during the 1st quarter. WealthPoint Financial LLC now owns 9,449 shares of the company’s stock worth $505,000 after buying an additional 512 shares during the last quarter.

WisdomTree U.S. Quality Growth Fund Trading Down 2.8%

NYSEARCA:QGRW traded down $1.84 during mid-day trading on Friday, hitting $64.56. The stock had a trading volume of 314,593 shares, compared to its average volume of 315,943. WisdomTree U.S. Quality Growth Fund has a twelve month low of $50.94 and a twelve month high of $71.12. The stock has a 50-day simple moving average of $67.86 and a two-hundred day simple moving average of $63.13. The company has a market capitalization of $3.13 billion, a PE ratio of 36.83 and a beta of 1.31.

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.