WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) Short Interest Update

WisdomTree U.S. Quality Growth Fund (NYSEARCA:QGRW) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 44,432 shares, a decrease of 50.1% from the August 31st total of 89,105 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily volume of 188,427 shares, the days-to-cover ratio is currently 0.2 days.

WisdomTree U.S. Quality Growth Fund Stock Performance

NYSEARCA:QGRW traded up $0.22 during mid-day trading on Thursday, hitting $68.90. The company had a trading volume of 169,002 shares, compared to its average volume of 311,276. The firm has a market cap of $3.19 billion, a P/E ratio of 36.83 and a beta of 1.32. The business’s fifty day moving average is $67.03 and its two-hundred day moving average is $63.93. WisdomTree U.S. Quality Growth Fund has a fifty-two week low of $50.94 and a fifty-two week high of $69.34.

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

A number of large investors have recently added to or reduced their stakes in the company. Waverly Advisors LLC bought a new stake in shares of WisdomTree U.S. Quality Growth Fund in the first quarter valued at about $29,000. Ameritas Advisory Services LLC bought a new position in shares of WisdomTree U.S. Quality Growth Fund during the second quarter worth about $63,000. Fifth Third Bancorp acquired a new stake in WisdomTree U.S. Quality Growth Fund in the 1st quarter valued at approximately $88,000. IFP Advisors Inc raised its position in WisdomTree U.S. Quality Growth Fund by 563.7% in the 2nd quarter. IFP Advisors Inc now owns 1,334 shares of the company’s stock valued at $88,000 after buying an additional 1,133 shares during the last quarter. Finally, Markowski Investments bought a new stake in WisdomTree U.S. Quality Growth Fund in the 2nd quarter valued at approximately $101,000.

About WisdomTree U.S. Quality Growth Fund

The Wisdomtree U.S. Quality Growth Fund (QGRW) is an exchange-traded fund that is based on the WisdomTree U.S. Quality Growth index. The fund tracks a market cap-weighted index of 100 large-cap growth companies in the US that exhibit the strongest quality characteristics relative to their peers. QGRW was launched on Dec 15, 2022 and is managed by WisdomTree.