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

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 47,174 shares, an increase of 345.2% from the July 15th total of 10,595 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 518,349 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Hedge funds and other institutional investors have recently modified their holdings of the stock. Palisade Asset Management LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the third quarter worth about $27,000. JFS Wealth Advisors LLC grew its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 134.1% during the 2nd quarter. JFS Wealth Advisors LLC now owns 323 shares of the company’s stock valued at $31,000 after acquiring an additional 185 shares during the period. Optima Capital LLC bought a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at approximately $37,000. Assetmark Inc. increased its holdings in WisdomTree U.S. Quality Dividend Growth Fund by 37.7% in the 4th quarter. Assetmark Inc. now owns 555 shares of the company’s stock worth $50,000 after acquiring an additional 152 shares in the last quarter. Finally, Vestor Capital LLC purchased a new stake in WisdomTree U.S. Quality Dividend Growth Fund in the 1st quarter worth approximately $51,000.

WisdomTree U.S. Quality Dividend Growth Fund Trading Down 0.3%

DGRW stock traded down $0.33 during midday trading on Friday, reaching $99.99. 162,631 shares of the company’s stock traded hands, compared to its average volume of 835,970. WisdomTree U.S. Quality Dividend Growth Fund has a 52-week low of $85.37 and a 52-week high of $100.59. The stock has a market cap of $17.31 billion, a P/E ratio of 22.10 and a beta of 0.82. The stock’s 50-day moving average is $96.53 and its 200 day moving average is $93.91.

About WisdomTree U.S. Quality Dividend Growth Fund

The WisdomTree U.S. Quality Dividend Growth Fund (DGRW) is an exchange-traded fund that mostly invests in total market equity. The fund tracks the performance of an index that invests in large- and mid-cap dividend-paying US common stocks with growth characteristics. DGRW was launched on May 22, 2013 and is managed by WisdomTree.