WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) Sees Large Decline in Short Interest

WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 7,265 shares, a decline of 98.0% from the October 15th total of 368,145 shares. Based on an average trading volume of 3,668 shares, the days-to-cover ratio is currently 2.0 days. Currently, 0.4% of the shares of the company are short sold.

WisdomTree Europe Quality Dividend Growth Fund Stock Performance

Shares of EUDG traded down $0.28 during mid-day trading on Thursday, hitting $38.97. 530 shares of the company traded hands, compared to its average volume of 6,115. The stock has a 50-day moving average price of $38.27 and a two-hundred day moving average price of $38.58. WisdomTree Europe Quality Dividend Growth Fund has a 1 year low of $34.77 and a 1 year high of $40.59. The stock has a market cap of $68.20 million, a price-to-earnings ratio of 19.66 and a beta of 0.80.

Institutional Investors Weigh In On WisdomTree Europe Quality Dividend Growth Fund

Large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC purchased a new stake in WisdomTree Europe Quality Dividend Growth Fund during the 3rd quarter valued at $7,953,000. Harbour Investments Inc. purchased a new position in shares of WisdomTree Europe Quality Dividend Growth Fund in the 3rd quarter worth $2,550,000. Kestra Advisory Services LLC boosted its stake in shares of WisdomTree Europe Quality Dividend Growth Fund by 7.6% in the 3rd quarter. Kestra Advisory Services LLC now owns 38,742 shares of the company’s stock worth $1,458,000 after buying an additional 2,753 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of WisdomTree Europe Quality Dividend Growth Fund by 5.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 27,173 shares of the company’s stock worth $989,000 after buying an additional 1,313 shares during the last quarter. Finally, Valmark Advisers Inc. bought a new stake in shares of WisdomTree Europe Quality Dividend Growth Fund in the third quarter worth $360,000.

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.