WisdomTree Emerging Markets Quality Dividend Growth Fund (NASDAQ:DGRE) Short Interest Up 58.8% in August

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 - ) was the target of a significant growth in short interest in August. As of August 15th, there was short interest totaling 5,400 shares, agrowthof58.8% 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 presently 0.4 days. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. Exchange Capital Management Inc. grew its position in 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 worth $1,073,000 after purchasing an additional 3,206 shares in the last quarter. OLD Mission Capital LLC lifted its position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund by 341.8% during the 1st quarter. OLD Mission Capital LLC now owns 429,267 shares of the company's stock worth $10,435,000 after buying an additional 332,107 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund in the 1st quarter worth approximately $653,000. Finally, Strive Asset Management LLC purchased a new position in shares of WisdomTree Emerging Markets Quality Dividend Growth Fund in the 4th quarter worth approximately $1,549,000.

WisdomTree Emerging Markets Quality Dividend Growth Fund Stock Up 0.6%

NASDAQ DGRE traded up $0.15 on Friday, reaching $27.94. The company had a trading volume of 9,018 shares, compared to its average volume of 17,529. The company's fifty day moving average is $27.74 and its 200 day moving average is $26.17. WisdomTree Emerging Markets Quality Dividend Growth Fund has a 52-week low of $21.86 and a 52-week high of $29.57. The stock has a market capitalization of $134.13 million, a P/E ratio of 15.43 and a beta of 0.78.

WisdomTree Emerging Markets Quality Dividend Growth Fund Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were issued a $0.175 dividend. This is an increase from WisdomTree Emerging Markets Quality Dividend Growth Fund's previous quarterly dividend of $0.10. This represents a $0.70 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Wednesday, June 25th.

About WisdomTree Emerging Markets Quality Dividend Growth Fund

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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