WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) Short Interest Up 339.0% in May

WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) was the target of a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 2,318 shares, an increase of 339.0% from the May 14th total of 528 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 2,280 shares, the days-to-cover ratio is currently 1.0 days.

WisdomTree Europe Quality Dividend Growth Fund Stock Performance

EUDG traded up $1.12 during trading on Thursday, reaching $39.05. The stock had a trading volume of 12,135 shares, compared to its average volume of 8,380. The stock has a market cap of $72.24 million, a PE ratio of 19.60 and a beta of 0.81. WisdomTree Europe Quality Dividend Growth Fund has a one year low of $33.02 and a one year high of $40.48. The business has a 50-day moving average of $38.15 and a 200-day moving average of $38.00.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. International Assets Investment Management LLC bought a new stake in shares of WisdomTree Europe Quality Dividend Growth Fund in the 4th quarter valued at about $26,000. Jones Financial Companies Lllp bought a new position in WisdomTree Europe Quality Dividend Growth Fund during the 3rd quarter worth approximately $28,000. NewEdge Advisors LLC bought a new position in WisdomTree Europe Quality Dividend Growth Fund during the 4th quarter worth approximately $89,000. Bank of America Corp DE increased its stake in WisdomTree Europe Quality Dividend Growth Fund by 58.2% in the 2nd quarter. Bank of America Corp DE now owns 4,015 shares of the company’s stock worth $140,000 after purchasing an additional 1,477 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in WisdomTree Europe Quality Dividend Growth Fund in the 3rd quarter worth approximately $209,000.

WisdomTree Europe Quality Dividend Growth Fund Company Profile

The WisdomTree Europe Quality Dividend Growth Fund (EUDG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies in developed Europe, selected for growth characteristics and weighted by total dividends paid. EUDG was launched on May 7, 2014 and is managed by WisdomTree.