WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Down 44.7% in April

Key Points

• Short interest in WisdomTree U.S. Quality Dividend Growth Fund (DGRW) fell 44.7% in April to 168,556 shares (about 0.1% of shares), giving a 0.2‑day short‑interest ratio on average daily volume.
• Shares traded at $93.87 (down 0.1%)—near the one‑year high of $94.26—with a market capitalization of $16.43 billion and a P/E of 22.10.
• Several institutions increased positions in Q1, notably Intrua Financial raised its stake to 497,887 shares (~$43.7M) and MOR Wealth Management holds 220,333 shares (~$19.35M).

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) saw a significant decrease in short interest in the month of April. As of April 15th, there was short interest totaling 168,556 shares, a decrease of 44.7% from the March 31st total of 305,001 shares. Approximately 0.1% of the company's stock are sold short. Based on an average daily volume of 741,568 shares, the short-interest ratio is currently 0.2 days.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.1%

DGRW traded down $0.13 during trading on Monday, reaching $93.87. The stock had a trading volume of 340,110 shares, compared to its average volume of 1,067,284. The company has a market capitalization of $16.43 billion, a price-to-earnings ratio of 22.10 and a beta of 0.83. The stock's 50 day moving average is $90.81 and its two-hundred day moving average is $90.24. WisdomTree U.S. Quality Dividend Growth Fund has a one year low of $76.03 and a one year high of $94.26.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Sierra Summit Advisors LLC bought a new stake in shares of WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter worth approximately $492,000. MOR Wealth Management LLC boosted its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 4.0% in the first quarter. MOR Wealth Management LLC now owns 220,333 shares of the company's stock worth $19,354,000 after acquiring an additional 8,463 shares in the last quarter. New World Advisors LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 43.2% in the first quarter. New World Advisors LLC now owns 9,491 shares of the company's stock worth $834,000 after acquiring an additional 2,865 shares during the last quarter. Axis Wealth Partners LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.4% in the first quarter. Axis Wealth Partners LLC now owns 72,162 shares of the company's stock worth $6,339,000 after acquiring an additional 320 shares during the last quarter. Finally, Intrua Financial LLC increased its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 3.0% during the first quarter. Intrua Financial LLC now owns 497,887 shares of the company's stock valued at $43,734,000 after acquiring an additional 14,589 shares in the last quarter.

About WisdomTree U.S. Quality Dividend Growth Fund

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.