WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Update

Key Points

• Short interest surged 345.2% in July to 47,174 shares from 10,595 shares, though short interest remains 0.0% of shares outstanding and the days-to-cover ratio is just 0.1.
• DGRW shares rose to $100.02, near their 12-month high of $100.37. The fund’s market capitalization is $17.31 billion, with a beta of 0.82.
• Several institutional investors increased their holdings, including Assetmark, which raised its stake by 37.7%, while smaller increases were reported among Farrell Financial, Bravias Capital Group, NWF Advisory Services, and Alta Wealth Advisors.

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW - ) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 47,174 shares, an increase of 345.2% from the July 15th total of 10,595 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 518,349 shares, the days-to-cover ratio is presently 0.1 days.

WisdomTree U.S. Quality Dividend Growth Fund Price Performance

Shares of DGRW traded up $0.19 during midday trading on Wednesday, reaching $100.02. 324,682 shares of the stock were exchanged, compared to its average volume of 841,607. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $85.37 and a twelve month high of $100.37. The company has a market capitalization of $17.31 billion, a price-to-earnings ratio of 22.10 and a beta of 0.82. The business's 50-day moving average price is $96.42 and its 200 day moving average price is $93.78.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Farrell Financial LLC increased its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 2.6% during the 2nd quarter. Farrell Financial LLC now owns 4,416 shares of the company's stock valued at $422,000 after purchasing an additional 111 shares in the last quarter. Bravias Capital Group LLC grew its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 0.6% during the fourth quarter. Bravias Capital Group LLC now owns 22,165 shares of the company's stock worth $1,982,000 after purchasing an additional 124 shares during the last quarter. NWF Advisory Services Inc. increased its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 1.7% in the fourth quarter. NWF Advisory Services Inc. now owns 7,527 shares of the company's stock valued at $673,000 after buying an additional 126 shares in the last quarter. Alta Wealth Advisors LLC raised its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 2.1% in the fourth quarter. Alta Wealth Advisors LLC now owns 6,196 shares of the company's stock valued at $554,000 after buying an additional 130 shares during the last quarter. Finally, Assetmark Inc. raised its holdings in shares of WisdomTree U.S. Quality Dividend Growth Fund by 37.7% in the fourth quarter. Assetmark Inc. now owns 555 shares of the company's stock valued at $50,000 after buying an additional 152 shares during 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.

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