WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) Sees Large Increase in Short Interest

WisdomTree Europe Quality Dividend Growth Fund (NYSEARCA:EUDG) saw a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 2,267 shares, a growth of 551.4% from the July 30th total of 348 shares. Based on an average daily trading volume, of 3,606 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the company’s shares are short sold.

WisdomTree Europe Quality Dividend Growth Fund Price Performance

EUDG stock traded down $0.28 during trading on Thursday, reaching $40.09. The company had a trading volume of 1,485 shares, compared to its average volume of 6,957. WisdomTree Europe Quality Dividend Growth Fund has a 52 week low of $34.38 and a 52 week high of $40.59. The company has a market cap of $70.16 million, a P/E ratio of 19.60 and a beta of 0.81. The business has a 50 day moving average of $39.37 and a 200 day moving average of $38.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new position in shares of WisdomTree Europe Quality Dividend Growth Fund in the 4th quarter valued at approximately $26,000. NewEdge Advisors LLC bought a new position in WisdomTree Europe Quality Dividend Growth Fund in the fourth quarter worth $89,000. TD Waterhouse Canada Inc. bought a new position in WisdomTree Europe Quality Dividend Growth Fund in the second quarter worth $109,000. Bank of America Corp DE raised its holdings in WisdomTree Europe Quality Dividend Growth Fund by 58.2% in the second quarter. Bank of America Corp DE now owns 4,015 shares of the company’s stock worth $140,000 after purchasing an additional 1,477 shares in the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in WisdomTree Europe Quality Dividend Growth Fund during the third quarter valued at $209,000.

WisdomTree Europe Quality Dividend Growth Fund Company Profile

The WisdomTree Europe Quality Dividend Growth Fund (EUDG) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of companies in developed Europe, selected for growth characteristics and weighted by total dividends paid. EUDG was launched on May 7, 2014 and is managed by WisdomTree.