WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) Short Interest Up 142.7% in June

WisdomTree U.S. Quality Dividend Growth Fund (NASDAQ:DGRW) was the target of a significant growth in short interest in June. As of June 30th, there was short interest totaling 255,337 shares, a growth of 142.7% from the June 15th total of 105,214 shares. Based on an average daily trading volume, of 581,139 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the company’s stock are sold short.

WisdomTree U.S. Quality Dividend Growth Fund Stock Performance

NASDAQ:DGRW traded up $0.39 during trading hours on Thursday, hitting $97.13. 76,735 shares of the company’s stock traded hands, compared to its average volume of 874,199. The firm has a market cap of $16.83 billion, a P/E ratio of 22.10 and a beta of 0.82. WisdomTree U.S. Quality Dividend Growth Fund has a twelve month low of $84.02 and a twelve month high of $98.00. The stock’s fifty day moving average price is $96.02 and its two-hundred day moving average price is $92.88.

Hedge Funds Weigh In On WisdomTree U.S. Quality Dividend Growth Fund

Institutional investors and hedge funds have recently bought and sold shares of the business. Palisade Asset Management LLC purchased a new position in WisdomTree U.S. Quality Dividend Growth Fund during the third quarter valued at approximately $27,000. JFS Wealth Advisors LLC boosted 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 buying an additional 185 shares during the period. Optima Capital LLC purchased a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund during the 4th quarter valued at $37,000. Sound Income Strategies LLC increased its stake in shares of WisdomTree U.S. Quality Dividend Growth Fund by 235.7% in the fourth quarter. Sound Income Strategies LLC now owns 480 shares of the company’s stock worth $44,000 after acquiring an additional 337 shares during the last quarter. Finally, Stone House Investment Management LLC acquired a new position in shares of WisdomTree U.S. Quality Dividend Growth Fund in the fourth quarter worth $43,000.

WisdomTree U.S. Quality Dividend Growth Fund Company Profile

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.