Short Interest in WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Increases By 152.5%

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) was the target of a large increase in short interest during the month of February. As of February 28th, there was short interest totalling 30,300 shares, an increase of 152.5% from the February 13th total of 12,000 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 52,700 shares, the days-to-cover ratio is currently 0.6 days.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Price Performance

Shares of DGRS stock traded up $0.78 on Friday, hitting $46.90. 520,138 shares of the company’s stock were exchanged, compared to its average volume of 62,189. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 12 month low of $45.87 and a 12 month high of $57.15. The stock has a market cap of $419.76 million, a P/E ratio of 14.05 and a beta of 1.12. The company has a 50 day moving average of $50.37 and a 200 day moving average of $51.55.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, February 27th. Investors of record on Tuesday, February 25th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, February 25th. This represents a $0.48 annualized dividend and a dividend yield of 1.02%.

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

Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 39.5% in the fourth quarter. Jones Financial Companies Lllp now owns 1,235 shares of the company’s stock valued at $63,000 after purchasing an additional 350 shares during the last quarter. Sunbelt Securities Inc. raised its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 5.9% in the fourth quarter. Sunbelt Securities Inc. now owns 6,275 shares of the company’s stock valued at $320,000 after purchasing an additional 350 shares during the last quarter. ORG Partners LLC bought a new position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the fourth quarter valued at about $40,000. Princeton Global Asset Management LLC raised its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 6.9% in the fourth quarter. Princeton Global Asset Management LLC now owns 22,455 shares of the company’s stock valued at $1,150,000 after purchasing an additional 1,453 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 13.8% in the fourth quarter. JPMorgan Chase & Co. now owns 13,329 shares of the company’s stock valued at $683,000 after purchasing an additional 1,617 shares during the last quarter.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Company Profile

The WisdomTree U.S. SmallCap Quality Dividend Growth Fund (DGRS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks a dividend-weighted index of US small-cap stocks with growth characteristics. DGRS was launched on Jul 25, 2013 and is managed by WisdomTree.