Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Decreases By 66.7%

Key Points

• The short interest in the WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) has decreased significantly by 66.7% in August, now totaling only 500 shares as of August 31.
• The fund's stock increased by 2.1%, opening at $51.44, while maintaining a market cap of $385.29 million and a price-to-earnings ratio of 12.34.
• WisdomTree recently increased its monthly dividend to $0.205, resulting in an annualized dividend yield of 4.8%, up from the previous $0.06 dividend.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS - Get Free Report) was the target of a significant decrease in short interest in the month of August. As of August 31st, there was short interest totaling 500 shares, a decrease of 66.7% from the August 15th total of 1,500 shares. Based on an average trading volume of 29,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company's stock are sold short. Currently, 0.0% of the company's stock are sold short. Based on an average trading volume of 29,100 shares, the days-to-cover ratio is currently 0.0 days.

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

Shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund stock traded down $0.15 during trading hours on Wednesday, reaching $50.45. 36,665 shares of the company were exchanged, compared to its average volume of 41,257. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 1 year low of $40.14 and a 1 year high of $57.15. The stock's fifty day moving average is $49.38 and its 200 day moving average is $46.95. The firm has a market cap of $377.87 million, a PE ratio of 12.34 and a beta of 1.12.

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

The company also recently announced a monthly dividend, which was paid on Friday, June 27th. Investors of record on Wednesday, June 25th were paid a dividend of $0.205 per share. The ex-dividend date was Wednesday, June 25th. This is an increase from WisdomTree U.S. SmallCap Quality Dividend Growth Fund's previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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

A number of institutional investors and hedge funds have recently modified their holdings of DGRS. Private Trust Co. NA acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter worth $47,000. NBC Securities Inc. acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter worth $70,000. ORG Partners LLC grew its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 242.1% during the first quarter. ORG Partners LLC now owns 2,696 shares of the company's stock worth $126,000 after purchasing an additional 1,908 shares in the last quarter. Cary Street Partners Financial LLC acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter worth $209,000. Finally, Arkadios Wealth Advisors acquired a new position in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the first quarter worth $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.