WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) Sees Significant Decline in Short Interest

WisdomTree U.S. SmallCap Quality Dividend Growth Fund (NASDAQ:DGRS) saw a large drop in short interest during the month of March. As of March 13th, there was short interest totaling 7,453 shares, a drop of 69.7% from the February 26th total of 24,571 shares. Based on an average daily trading volume, of 24,188 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

WisdomTree U.S. SmallCap Quality Dividend Growth Fund Trading Down 1.1%

Shares of DGRS stock traded down $0.56 during trading hours on Friday, hitting $52.46. The company’s stock had a trading volume of 17,156 shares, compared to its average volume of 32,428. The company has a 50 day moving average of $54.21 and a 200 day moving average of $51.43. The stock has a market cap of $356.73 million, a PE ratio of 12.34 and a beta of 1.06. WisdomTree U.S. SmallCap Quality Dividend Growth Fund has a 12-month low of $40.14 and a 12-month high of $57.06.

Institutional Investors Weigh In On WisdomTree U.S. SmallCap Quality Dividend Growth Fund

Several hedge funds have recently added to or reduced their stakes in DGRS. First National Bank Sioux Falls acquired a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the 4th quarter worth about $436,000. Bessemer Group Inc. purchased a new stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund in the third quarter worth about $314,000. Jones Financial Companies Lllp boosted its stake in shares of WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 24.2% in the third quarter. Jones Financial Companies Lllp now owns 6,001 shares of the company’s stock worth $301,000 after buying an additional 1,171 shares during the last quarter. Root Financial Partners LLC acquired a new stake in WisdomTree U.S. SmallCap Quality Dividend Growth Fund during the third quarter worth about $63,000. Finally, Arkadios Wealth Advisors grew its holdings in WisdomTree U.S. SmallCap Quality Dividend Growth Fund by 17.1% during the third quarter. Arkadios Wealth Advisors now owns 7,232 shares of the company’s stock worth $361,000 after acquiring an additional 1,057 shares during the period.

About WisdomTree U.S. SmallCap Quality Dividend Growth Fund

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.