Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Declines By 38.2%

Key Points

• Short interest fell 38.2% to 8,834 shares as of August 31, representing about 0.1% of outstanding shares and 0.6 days of average trading volume.
• DGRS shares traded at $57.83, with a market capitalization of approximately $349.9 million; the fund’s 52-week range is $46.21 to $61.89.
• Several institutional investors increased their positions, including Harbor Investment Advisory, which raised its stake by 43.1%, and Arkadios Wealth Advisors, which increased its position by 17.7%.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - ) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 8,834 shares, a decrease of 38.2% from the August 15th total of 14,303 shares. Based on an average daily trading volume, of 15,893 shares, the short-interest ratio is currently 0.6 days. Approximately 0.1% of the company's stock are short sold.

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

Shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund stock traded up $0.22 during midday trading on Wednesday, reaching $57.83. 3,748 shares of the company's stock traded hands, compared to its average volume of 30,042. The company has a market cap of $349.87 million, a price-to-earnings ratio of 12.34 and a beta of 0.98. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 52 week low of $46.21 and a 52 week high of $61.89. The company's 50 day simple moving average is $59.78 and its 200 day simple moving average is $57.15.

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

Several large investors have recently made changes to their positions in the company. Compass Financial Management LLC bought a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 2nd quarter worth approximately $479,000. LVM Capital Management Ltd. MI increased its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 3.0% in the second quarter. LVM Capital Management Ltd. MI now owns 148,480 shares of the company's stock worth $8,813,000 after purchasing an additional 4,386 shares during the period. Harbor Investment Advisory LLC raised its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 43.1% during the second quarter. Harbor Investment Advisory LLC now owns 20,300 shares of the company's stock worth $1,205,000 after buying an additional 6,115 shares during the last quarter. Arkadios Wealth Advisors raised its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 17.7% during the 1st quarter. Arkadios Wealth Advisors now owns 8,233 shares of the company's stock valued at $436,000 after acquiring an additional 1,237 shares during the last quarter. Finally, First National Bank Sioux Falls increased its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 3.1% in the first quarter. First National Bank Sioux Falls now owns 9,052 shares of the company's stock valued at $501,000 after purchasing an additional 273 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.

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