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

Key Points

• The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) experienced a dramatic increase in short interest, rising by 580.0% from 500 shares to 3,400 shares in September.
• As of September 15th, the fund had a market cap of $374.35 million and a PE ratio of 12.34, with its stock trading between a low of $40.14 and a high of $57.15 over the past year.
• Multiple institutional investors, including Cary Street Partners Financial LLC and Arkadios Wealth Advisors, have recently initiated or increased their stakes in the fund, indicating growing interest.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - ) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,400 shares, an increase of 580.0% from the August 31st total of 500 shares. Based on an average trading volume of 29,500 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 29,500 shares, the days-to-cover ratio is currently 0.1 days.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Price Performance

DGRS stock opened at $49.98 on Wednesday. The firm has a 50 day simple moving average of $49.74 and a two-hundred day simple moving average of $47.12. The stock has a market cap of $374.35 million, a PE ratio of 12.34 and a beta of 1.12. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a one year low of $40.14 and a one year high of $57.15.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Private Trust Co. NA purchased a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter valued at about $47,000. NBC Securities Inc. bought a new position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 1st quarter worth approximately $70,000. ORG Partners LLC lifted its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 242.1% in the first quarter. ORG Partners LLC now owns 2,696 shares of the company's stock valued at $126,000 after purchasing an additional 1,908 shares during the last quarter. Cary Street Partners Financial LLC purchased a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter valued at approximately $209,000. Finally, Arkadios Wealth Advisors bought a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the first quarter worth approximately $273,000.

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.

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