WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Significant Decrease in Short Interest

Key Points

• The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) experienced a significant decrease in short interest, dropping 54.5% in August, with a current short-interest ratio of 0.1 days.
• The fund recently increased its monthly dividend from $0.06 to $0.205 per share, translating to a 4.9% dividend yield.
• Institutional investors have recently been active, with notable increases in holdings by firms such as Sunbelt Securities and ORG Partners, reflecting growing interest in the fund.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - Get Free Report) was the target of a large decrease in short interest in the month of August. As of August 15th, there was short interest totaling 1,500 shares, adecreaseof54.5% from the July 31st total of 3,300 shares. Based on an average trading volume of 29,100 shares, the short-interest ratio is presently 0.1 days. Based on an average trading volume of 29,100 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Several large investors have recently modified their holdings of DGRS. Captrust Financial Advisors grew its position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 1.3% in the 2nd quarter. Captrust Financial Advisors now owns 51,048 shares of the company's stock worth $2,376,000 after buying an additional 665 shares during the period. JPMorgan Chase & Co. grew its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.1% during the second quarter. JPMorgan Chase & Co. now owns 14,487 shares of the company's stock worth $674,000 after acquiring an additional 293 shares during the last quarter. Arkadios Wealth Advisors boosted its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.1% in the 2nd quarter. Arkadios Wealth Advisors now owns 6,175 shares of the company's stock worth $287,000 after purchasing an additional 300 shares in the last quarter. Princeton Global Asset Management LLC raised its stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 3.8% in the 2nd quarter. Princeton Global Asset Management LLC now owns 20,914 shares of the company's stock valued at $974,000 after purchasing an additional 772 shares during the last quarter. Finally, Venturi Wealth Management LLC grew its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 8.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 9,184 shares of the company's stock valued at $427,000 after buying an additional 745 shares in the last quarter.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Stock Down 0.6%

WisdomTree U.S. SmallCap Quality Dividend Growth Fund stock traded down $0.33 during mid-day trading on Monday, hitting $51.00. The company's stock had a trading volume of 68,373 shares, compared to its average volume of 41,780. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a twelve month low of $40.14 and a twelve month high of $57.15. The stock's fifty day moving average price is $48.99 and its two-hundred day moving average price is $46.86. The stock has a market capitalization of $382.00 million, a P/E ratio of 12.34 and a beta of 1.12.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, June 27th. Shareholders of record on Wednesday, June 25th were given a $0.205 dividend. This is an increase from WisdomTree U.S. SmallCap Quality Dividend Growth Fund's previous monthly dividend of $0.06. The ex-dividend date was Wednesday, June 25th. This represents a c) annualized dividend and a yield of 4.8%.

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.