Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Drops By 67.0%

Key Points

• Short interest in the WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) has dropped by 67.0%, from 10,000 shares to 3,300 shares as of July 31st, indicating a significant reduction in bearish sentiment.
• The fund has recently increased its dividend from $0.01 to $0.035, with the latest payment made on July 30th to shareholders of record on July 28th.
• Institutional investors such as JPMorgan Chase and Venturi Wealth Management have increased their holdings in the fund, reflecting positive confidence in its performance and potential growth.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - ) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 3,300 shares, adropof67.0% from the July 15th total of 10,000 shares. Currently,0.0% of the shares of the stock are short sold. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is presently 0.1 days. Based on an average trading volume of 30,400 shares, the days-to-cover ratio is presently 0.1 days. Currently,0.0% of the shares of the stock are short sold.

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

DGRS traded down $0.54 during midday trading on Friday, hitting $49.41. The company had a trading volume of 26,086 shares, compared to its average volume of 43,793. The company has a market capitalization of $370.08 million, a PE ratio of 12.34 and a beta of 1.12. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a twelve month low of $40.14 and a twelve month high of $57.15. The firm's 50-day simple moving average is $47.73 and its 200-day simple moving average is $47.00.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 30th. Shareholders of record on Monday, July 28th were given a $0.035 dividend. The ex-dividend date was Monday, July 28th. This is a boost from WisdomTree U.S. SmallCap Quality Dividend Growth Fund's previous dividend of $0.01.

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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,487 shares of the company's stock valued at $674,000 after acquiring an additional 293 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.1% during the 2nd quarter. Arkadios Wealth Advisors now owns 6,175 shares of the company's stock worth $287,000 after buying an additional 300 shares during the period. Princeton Global Asset Management LLC grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 3.8% during the 2nd quarter. Princeton Global Asset Management LLC now owns 20,914 shares of the company's stock worth $974,000 after buying an additional 772 shares during the period. Venturi Wealth Management LLC grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 8.8% during the 2nd quarter. Venturi Wealth Management LLC now owns 9,184 shares of the company's stock worth $427,000 after buying an additional 745 shares during the period. Finally, LVM Capital Management Ltd. MI grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.2% during the 2nd quarter. LVM Capital Management Ltd. MI now owns 139,379 shares of the company's stock worth $6,488,000 after buying an additional 3,062 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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