Short Interest in WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) Grows By 634.5%

WisdomTree U.S. MidCap Quality Growth Fund (NASDAQ:QMID) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 6,082 shares, an increase of 634.5% from the May 14th total of 828 shares. Based on an average trading volume of 5,433 shares, the short-interest ratio is currently 1.1 days. Approximately 7.6% of the company’s stock are sold short.

WisdomTree U.S. MidCap Quality Growth Fund Stock Down 0.3%

NASDAQ:QMID traded down $0.09 during trading hours on Wednesday, hitting $28.78. 133 shares of the company traded hands, compared to its average volume of 1,243. The firm’s 50-day simple moving average is $28.34 and its 200-day simple moving average is $28.50. WisdomTree U.S. MidCap Quality Growth Fund has a one year low of $26.09 and a one year high of $29.47. The company has a market cap of $2.30 million, a PE ratio of 20.68 and a beta of 0.93.

About WisdomTree U.S. MidCap Quality Growth Fund

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.