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

WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 38 shares, a drop of 90.6% from the September 30th total of 406 shares. Based on an average trading volume of 68 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WisdomTree U.S. MidCap Quality Growth Fund stock. Citadel Advisors LLC lifted its position in shares of WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) by 39.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,761 shares of the company’s stock after buying an additional 4,731 shares during the period. Citadel Advisors LLC owned about 20.95% of WisdomTree U.S. MidCap Quality Growth Fund worth $493,000 as of its most recent SEC filing.

WisdomTree U.S. MidCap Quality Growth Fund Trading Down 0.6%

NASDAQ QMID traded down $0.17 on Tuesday, hitting $29.99. 6 shares of the company were exchanged, compared to its average volume of 825. The stock has a fifty day moving average of $29.76 and a 200-day moving average of $29.02. WisdomTree U.S. MidCap Quality Growth Fund has a 12 month low of $26.33 and a 12 month high of $31.05. The company has a market cap of $2.40 million, a PE ratio of 20.68 and a beta of 0.93.

WisdomTree U.S. MidCap Quality Growth Fund Company Profile

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.