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

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 - ) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 500 shares, a decline of 66.7% from the August 15th total of 1,500 shares. Based on an average daily trading volume, of 29,100 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily 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 Up 2.1%

WisdomTree U.S. SmallCap Quality Dividend Growth Fund stock opened at $51.44 on Friday. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 52 week low of $40.14 and a 52 week high of $57.15. The business has a 50-day simple moving average of $49.22 and a 200 day simple moving average of $46.92. The stock has a market cap of $385.29 million, a price-to-earnings ratio of 12.34 and a beta of 1.12.

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

The company also recently disclosed a monthly dividend, which was paid on Friday, June 27th. Stockholders of record on Wednesday, June 25th were issued a $0.205 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. 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.

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

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Captrust Financial Advisors boosted its holdings 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 purchasing an additional 665 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 2.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 14,487 shares of the company's stock worth $674,000 after purchasing an additional 293 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of 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 boosted its holdings in shares of 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 worth $974,000 after purchasing an additional 772 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its holdings in shares of 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 worth $427,000 after purchasing an additional 745 shares in the last quarter.

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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