Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Expands By 146.3%

Key Points

• Short interest jumped 146.3% to 24,571 shares as of Feb. 27 (up from 9,976 on Feb. 12), though that represents only 0.4% of shares outstanding and a short-interest ratio of just 0.7 days based on average volume.
• DGRS is trading near $53 (opened at $53.06) with a market cap of about $360.8 million and a PE of 12.34, and several small institutional investors have recently initiated or increased positions in the ETF.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - ) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 24,571 shares, a growth of 146.3% from the February 12th total of 9,976 shares. Based on an average trading volume of 32,885 shares, the short-interest ratio is currently 0.7 days. Currently, 0.4% of the shares of the company are sold short. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 32,885 shares, the short-interest ratio is currently 0.7 days.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Trading Down 0.2%

NASDAQ:DGRS opened at $53.06 on Thursday. The firm has a market capitalization of $360.81 million, a PE ratio of 12.34 and a beta of 1.06. The stock has a 50 day moving average of $53.97 and a 200-day moving average of $51.31. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 52 week low of $40.14 and a 52 week high of $57.06.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Root Financial Partners LLC bought a new position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 3rd quarter worth $63,000. Jones Financial Companies Lllp lifted its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 24.2% in the third quarter. Jones Financial Companies Lllp now owns 6,001 shares of the company's stock valued at $301,000 after buying an additional 1,171 shares during the last quarter. Bessemer Group Inc. acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the third quarter valued at $314,000. Arkadios Wealth Advisors grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 17.1% during the third quarter. Arkadios Wealth Advisors now owns 7,232 shares of the company's stock worth $361,000 after acquiring an additional 1,057 shares during the last quarter. Finally, First National Bank Sioux Falls bought a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the fourth quarter worth about $436,000.

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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