WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Short Interest Update

Key Points

• In August, the short interest in the WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) surged by 58.8%, reaching a total of 5,400 shares, compared to 3,400 shares at the end of July.
• The fund's recent quarterly dividend was increased from $0.10 to $0.175, resulting in a dividend yield of 2.5%.
• Institutional investors have been actively adjusting their positions, with Exchange Capital Management Inc. increasing its stake by 9.0% and OLD Mission Capital LLC boosting its position by an impressive 341.8%.

WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE - Get Free Report) saw a large increase in short interest in August. As of August 15th, there was short interest totaling 5,400 shares, an increase of 58.8% from the July 31st total of 3,400 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 0.4 days.

WisdomTree Emerging Markets Quality Dividend Growth Fund Trading Up 0.7%

NASDAQ:DGRE traded up $0.19 during trading hours on Friday, hitting $28.69. The company had a trading volume of 5,368 shares, compared to its average volume of 17,176. The company has a 50-day moving average of $27.81 and a 200 day moving average of $26.28. The company has a market cap of $137.71 million, a P/E ratio of 15.43 and a beta of 0.78. WisdomTree Emerging Markets Quality Dividend Growth Fund has a 1 year low of $21.86 and a 1 year high of $29.57.

WisdomTree Emerging Markets Quality Dividend Growth Fund Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th were given a dividend of $0.175 per share. This is a boost from WisdomTree Emerging Markets Quality Dividend Growth Fund's previous quarterly dividend of $0.10. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date was Wednesday, June 25th.

Institutional Investors Weigh In On WisdomTree Emerging Markets Quality Dividend Growth Fund

Institutional investors have recently made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new stake in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund during the first quarter valued at about $653,000. Exchange Capital Management Inc. boosted its stake in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund by 9.0% in the 2nd quarter. Exchange Capital Management Inc. now owns 38,909 shares of the company's stock valued at $1,073,000 after buying an additional 3,206 shares during the period. Strive Asset Management LLC purchased a new position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund in the 4th quarter valued at about $1,549,000. Finally, OLD Mission Capital LLC lifted its stake in WisdomTree Emerging Markets Quality Dividend Growth Fund by 341.8% in the first quarter. OLD Mission Capital LLC now owns 429,267 shares of the company's stock worth $10,435,000 after acquiring an additional 332,107 shares during the last quarter.

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.