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

WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 6,082 shares, an increase of 634.5% from the May 14th total of 828 shares. Based on an average daily volume of 5,433 shares, the days-to-cover ratio is currently 1.1 days. Approximately 7.6% of the shares of the company are short sold.

WisdomTree U.S. MidCap Quality Growth Fund Trading Up 0.8%

Shares of NASDAQ QMID traded up $0.22 during trading on Thursday, reaching $28.60. 569 shares of the company traded hands, compared to its average volume of 1,238. The stock has a market cap of $2.29 million, a P/E ratio of 20.68 and a beta of 0.93. The firm’s fifty day simple moving average is $28.38 and its 200 day simple moving average is $28.51. WisdomTree U.S. MidCap Quality Growth Fund has a 12-month low of $26.09 and a 12-month high of $29.47.

About WisdomTree U.S. MidCap Quality Growth Fund

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