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

Key Points

• DGRS short interest surged 377% to 21,695 shares as of October 15, up from 4,548 shares at the end of September. Despite the increase, only about 0.3% of shares are sold short, representing 0.7 days of average trading volume.
• DGRS shares opened at $57.75, with a market capitalization of approximately $391.6 million. The ETF has traded between $46.21 and $61.89 over the past 52 weeks and has a P/E ratio of 12.34.
• Institutional activity was generally positive, with several investment firms increasing their holdings or initiating new positions; LVM Capital Management remained a major holder with 148,480 shares valued at about $8.8 million.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - ) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 21,695 shares, an increase of 377.0% from the September 30th total of 4,548 shares. Based on an average daily volume of 29,954 shares, the short-interest ratio is presently 0.7 days. Approximately 0.3% of the company's shares are sold short.

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

Shares of DGRS stock opened at $57.75 on Wednesday. The company has a market cap of $391.55 million, a P/E ratio of 12.34 and a beta of 0.99. The stock has a 50 day simple moving average of $57.83 and a two-hundred day simple moving average of $56.64. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a fifty-two week low of $46.21 and a fifty-two week high of $61.89.

Institutional Trading of WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Large investors have recently modified their holdings of the stock. Root Financial Partners LLC bought a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 3rd quarter worth about $70,000. Arkadios Wealth Advisors boosted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 17.7% in the first quarter. Arkadios Wealth Advisors now owns 8,233 shares of the company's stock worth $436,000 after acquiring an additional 1,237 shares in the last quarter. Compass Financial Management LLC bought a new position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the second quarter worth approximately $479,000. Harbor Investment Advisory LLC boosted its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 23.3% in the first quarter. Harbor Investment Advisory LLC now owns 14,185 shares of the company's stock worth $751,000 after acquiring an additional 2,683 shares in the last quarter. Finally, LVM Capital Management Ltd. MI grew its stake 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 valued at $8,813,000 after acquiring an additional 4,386 shares during the period.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Company Profile

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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