WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Shares Shorted: Short Interest Up 78.7% in October

Key Points

• Short interest in DGRE surged 78.7% in October to 42,238 shares, representing 1.1% of shares outstanding and a days-to-cover ratio of 4.0.
• DGRE shares fell 3.0% to $36.99, with a market capitalization of approximately $140.6 million; the stock remains between its 12-month range of $28.71 to $43.24.
• Noble Wealth Management increased its DGRE stake by 1.2% during the third quarter, owning 45,110 shares worth about $1.83 million at the reporting period’s end.

WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE - ) was the target of a large increase in short interest during the month of October. As of October 15th, there was short interest totaling 42,238 shares, an increase of 78.7% from the September 30th total of 23,631 shares. Currently, 1.1% of the company's stock are sold short. Based on an average daily trading volume, of 10,658 shares, the days-to-cover ratio is currently 4.0 days.

WisdomTree Emerging Markets Quality Dividend Growth Fund Stock Down 3.0%

DGRE stock traded down $1.16 during trading hours on Friday, hitting $36.99. The company's stock had a trading volume of 9,840 shares, compared to its average volume of 19,787. The company has a market capitalization of $140.56 million, a PE ratio of 15.43 and a beta of 0.76. WisdomTree Emerging Markets Quality Dividend Growth Fund has a 12 month low of $28.71 and a 12 month high of $43.24. The stock has a 50 day moving average price of $40.11 and a two-hundred day moving average price of $37.84.

Hedge Funds Weigh In On WisdomTree Emerging Markets Quality Dividend Growth Fund

A hedge fund recently raised its stake in WisdomTree Emerging Markets Quality Dividend Growth Fund stock. Noble Wealth Management PBC lifted its stake in WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE - Free Report) by 1.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 45,110 shares of the company's stock after acquiring an additional 521 shares during the period. Noble Wealth Management PBC owned 1.22% of WisdomTree Emerging Markets Quality Dividend Growth Fund worth $1,828,000 at the end of the most recent reporting period.

WisdomTree Emerging Markets Quality Dividend Growth Fund Company Profile

The WisdomTree Emerging Markets Quality Dividend Growth Fund (DGRE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of dividend-paying emerging-market stocks with growth characteristics. The fund seeks income and capital appreciation. DGRE was launched on Aug 1, 2013 and is managed by WisdomTree.

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