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

WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totaling 10,616 shares, an increase of 92.8% from the August 15th total of 5,505 shares. Based on an average trading volume of 3,853 shares, the days-to-cover ratio is currently 2.8 days. Approximately 3.0% of the shares of the company are short sold.

WisdomTree U.S. SmallCap Quality Growth Fund Stock Down 1.0%

WisdomTree U.S. SmallCap Quality Growth Fund stock traded down $0.33 during midday trading on Tuesday, reaching $33.37. The stock had a trading volume of 5,994 shares, compared to its average volume of 1,028. The firm has a market capitalization of $11.68 million, a PE ratio of 15.16 and a beta of 1.06. WisdomTree U.S. SmallCap Quality Growth Fund has a 12 month low of $26.68 and a 12 month high of $35.37. The firm’s 50-day moving average price is $34.20 and its 200 day moving average price is $31.59.

Institutional Trading of WisdomTree U.S. SmallCap Quality Growth Fund

A hedge fund recently raised its stake in WisdomTree U.S. SmallCap Quality Growth Fund stock. Cetera Investment Advisers lifted its position in WisdomTree U.S. SmallCap Quality Growth Fund (NASDAQ:QSML) by 2.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 260,896 shares of the company’s stock after buying an additional 6,923 shares during the quarter. Cetera Investment Advisers owned approximately 74.54% of WisdomTree U.S. SmallCap Quality Growth Fund worth $7,277,000 at the end of the most recent quarter.

WisdomTree U.S. SmallCap Quality Growth Fund Company Profile

The WisdomTree U.S. SmallCap Quality Growth Fund (QSML) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a market cap-weighted index of US small-cap growth companies that exhibit the strongest quality characteristics relative to their peers. QSML was launched on Jan 25, 2024 and is issued by WisdomTree.